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Tag: BP Azerbaijan

BP Azerbaijan makes new appointments

As Azerbaijan’s long-term and reliable partner, BP has a track record of operating safely, efficiently, and in an environmentally sound way, Report informs, citing BP-Azerbaijan. In delivering…

25th anniversary of signing Azerbaijan’s largest gas deal

Tomorrow is the 25th anniversary of the Shah Deniz project, located in the Azerbaijani sector of the Caspian Sea.  On June 4, 1996 in the “Gulistan” Palace the State…

BP prepares for exploration drilling in the shallow waters of the Absheron peninsula

The British Company BP is completing preparations for drilling the first of three exploration wells in the shallow waters of Absheron under the SWAP project, BP Azerbaijan reported. According to…

Technical maintenance on West Azeri platform completed

The 15-day scheduled technical maintenance program launched on April 22 this year on the West Azeri platform has been successfully completed, BP Azerbaijan told Report. Inspection…

BP: Works remain on track to support first production from the ACE project in 2023

Despite the challenges and restrictions caused by the pandemic the Azeri Central East (ACE) project remained remarkably resilient during the first quarter of the year…

More Than Half of Exploration Well Drilled in Shafag-Asiman

BP-Azerbaijan (project operator) has brought the first exploration well SАХ01 on the Shafag-Asiman block, located in the deep-water part of the Azerbaijani sector of the…

Capacity of South Caucasus Pipeline increased by16%

For the three quarters of 2020, operating expenses for the South Caucasus Pipeline (SCG) project totaled $ 35 million, $ 2 million, or 6.06% more…

Total Volume of Gas Exports from Shah Deniz Field Amounted to 86.5 Bcm

The export of Azerbaijani gas in January-September 2020 amounted to 9.6 billion cubic meters(bcm), an increase of 15.7% compared to the same period last year…

BP Releases New Data on SWAP Exploration Project

BP has published a draft document on environmental and social impact assessment within the framework of the project for the development of shallow waters of…

BP says it has no plans to scale down oil and gas in Azerbaijan

British oil major BP has no plans to scale down its oil and gas business in Azerbaijan amid global plans to rebalance its portfolio towards…

Oil Crisis Presents BP’s New CEO With a Chance to Change

BP set on repairing balance sheet as it prepares to go green Bernard Looney will present his climate strategy in September As Bernard Looney took…

SOCAR Petrofac JV secures payroll support and training services contract with BP Azerbaijan

Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured a contract to provide BP Azerbaijan…

Bakhtiyar Aslanbayli highlights planned changes in BP and company’s current activities in Azerbaijan

BP Vice President for communications, external affairs, strategy in Azerbaijan, Georgia and Turkey region Bakhtiyar Aslanbayli has responded to AZERTAC`s questions on the planned changes in…

BP Provides 81.7% of Total Gas Production in Azerbaijan – Ministry of Energy

Gas production in Azerbaijan in January-May 2020 amounted to 16.4 billion cubic meters, an increase of 13.6% compared to the same period last year, the…

Engineering the future: ‘my first offshore project’

Meet Esmira Qudratova. She joined the energy industry less than five years ago and has already worked on one of BP’s largest global projects, Shah…

BP: Shah Deniz 2 enters start-up phase in run up to achieving first gas in 2018

After achieving significant construction and commissioning milestones across the whole gas value chain in 2017, the Shah Deniz 2 and South Caucasus Pipeline Expansion (SCPX) projects have…

Global Energy Solutions starts its next project for BP Azerbaijan

Global Energy Solutions (Glensol) entered into next project for BP Azerbaijan to provide electrical & instrumentation services in the Azerbaijan-Georgia-Turkey (AGT) region. Glensol’s services will…

Work Plan for ACG Block for 2018 to Be Approved in December

In December, the meeting of the committee on managing the Azeri-Chirag-Gunashli (ACG) field block will be held, at which the work plan and budget for…

Ilham Aliyev announced the signing of a new contract for the ACG project

A new contract on development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields is planned to be signed in a few days, said…

BP restarts Shah Deniz field

BP has restarted gas and condensate production from the Shah Deniz field after carrying out preventive works on the Alfa production platform, having been halted…

Gas Production at Shah Deniz Field Stopped

BP-Azerbaijan yesterday announced the suspension of gas and condensate production from the Shah Deniz field for preventive maintenance on the production platform. “Preventive works are…

Oil, gas account for 93% of Azerbaijan’s Q1 exports

Current account surplus of Azerbaijan’s balance of payments for the first quarter of 2017 amounted to $ 380.2 million, the Central Bank of Azerbaijan reported….

Gas Production in Shah Deniz Falls by 300 Mcm

BP-Azerbaijan Company in the first quarter of 2017 extracted 2.4 bcm of gas from the Shah Deniz field. This is reported in the quarterly report…

Production at ACG Fell by 70,000 Barrels per Day in Q1

Oil production at the Azeri-Chirag-Gunashli (ACG) fields in the first quarter of 2017 exceeded 7.1 million tons, BP-Azerbaijan (operator of the development) reported. As reported,…

Net Profit of Azerbaijan within Framework of ACG Grows by More Than 42%

For the first quarter of 2017, the revenues of the State Oil Fund of Azerbaijan (SOFAZ) within the Azeri-Chirag-Guneshli (ACG) project amounted to $ 1…

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