The move paves the way for growth and further production while strengthening BP’s collaboration with the country and state oil company SOCAR.

BP, leading the consortium that owns the Shah Deniz gas field in the Azeri Caspian Sea, announced a $2.9 billion investment ...

Baku hopes reserves at the Umid and Babek fields may eventually rival the country's largest offshore gas asset, the ...

BP approved $2.9 billion Shah Deniz Compression project to increase gas output ... a major development phase for the Shah Deniz gas field in Azerbaijan and gaining access to new exploration ...

Turkish state oil company TPAO has joined a production-sharing agreement (PSA) with Azerbaijan's SOCAR and bp for the Shafaq-Asiman offshore block in the Caspian Sea. The PSA marks an expansion of ...

Shah Deniz produced 28B cm of gas and 35M barrels of condensate, said BP (NYSE:BP), which operates the project and owns a 29.9% share; partners include Russia's Lukoil, Turkey's TPAO, Azerbaijan's ...

BAKU, Azerbaijan, June 12.​ bp will prepare a development concept for the Karabagh field in connection with the Ashrafi-Dan ...

Azerbaijan’s Minister of Energy Parviz Shahbazov held a meeting with a delegation led by Murray Auchincloss, Chief Executive ...

UK supermajor BP has appointed a new regional president for Azerbaijan, Georgia and Turkey, with Giovanni Cristofoli ...

The owners of the Shah Deniz gas field in the Azeri Caspian Sea led by BP made a final decision to invest $2.9 billion in expanding output from the project, BP said on Tuesday.

Shafag Solar – a JV between bp, the Azerbaijan Business ... is an industrial oil and gas processing complex on the coast of the Caspian Sea, south of Baku. The two projects will be linked ...

MOSCOW. June 16 (Interfax) - The Azerbaijan State Tax Service has registered BP ADUA Limited, a subsidiary of BP plc , to develop the Ashrafi, Dan Ulduzu and Aypara (ADUA) block in the Caspian Sea.