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 ...

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

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

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

Gunashli, Baku-Tbilisi-Ceyhan, Shah Deniz, and South Caucasus Pipeline projects, has announced the successful completion of a ...

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.

BAKU. June 19 (Interfax) - BP plc has appointed Giovanni Cristofoli as its new regional president for Azerbaijan, Georgia and Turkey (AGT), the company said in a statement in Azerbaijan.