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Total Announces Major Gas Find Offshore Azerbaijan

Total ParisFP LSETTA NYSETOT announces a major gas discovery in the Caspian Sea in the Absheron block offshore Azerbaijan. The Absheron X2 well has encountered more than 500 feet of cumulat

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Shah Deniz Project Receives Three Major Bids

BP39s Shah Deniz project is being hotly contested with the Nabucco consortium Trans Adriatic Pipeline TAP and Interconnector GreeceItaly IGI Poseidon in the run to secure a major contract for

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Gazprom doubling Azerbaijani gas purchase

Today in Krasnaya Polyana Alexey Miller Chairman of the Gazprom Management Committee and Rovnag Abdullayev President of the State Oil Company of Azerbaijan Republic SOCAR signed in the presence of

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Greenfields Petroleum Corporation: Bahar Energy Limited ownership change

Baghlan is one of the Company39s fellow shareholders in BEL and holds a 33.34 interest. Rafi Baghlan and a subsidiary of Greenfields are currently the three owners of BEL. Greenfields is advised

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BP and Socar agree way forward

As a follow up to last week39s London meetings a group of BP senior executives representing BP39s upstream production development and strategy and integration divisions held a 3day working v

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BP and SOCAR have agreed to cooperate in stabilising 2013 production at Azeri...

BP and SOCAR have agreed to cooperate in stabilising 2013 production at the Azeri Chirag and Guneshli ACG oil fields. quotWe have agreed on a programme for 2013 and approved it as a stabilisatio

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Service contract signed between Intertek and SOCAR

Intertek the global provider of quality and safety services has signed a contract with the State Oil Company of Azerbaijan SOCAR to provide crude oil assay and gas analysis services. The informat

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Statoil and SOCAR sign MoU to explore new Caspian acreage

Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding MoU to jointly explore and develop the ZafarMashal structures in the Azerbaijani se

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Is there a refinery in Batam's future?

The recent news that Azerbaijan a major supplier of oil to Indonesia is planning to build a US4.8billion oil refinery in Batam is just the latest in a string of similar announcements that have bee

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Shah Deniz targets Italian and Southeastern European gas markets through...

The following press release was issued by the Shah Deniz consortium today in Baku. The Shah Deniz consortium announced today that it has selected the Trans Adriatic Pipeline TAP to deliver gas volu

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Statoil makes final investment decision on Shah Deniz Stage 2 and announces a...

Statoil ASA OSE STL NYSE STO has together with partners in the Shah Deniz consortium in Azerbaijan today made a final investment decision for the Stage 2 development of the Shah Deniz gas field

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Production begins at West Chirag in the Caspian Sea

The Azerbaijan International Operating Company AIOC operated by BP today announced the startup of oil production from the West Chirag platform as part of the AzeriChiragGunashli ACG field dev

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BP-led consortium awards $750 million contract for Shah Deniz Gas project

A consortium led by British oil company BP has awarded construction and supply contract worth 750 million to help to develop the Shah Deniz II gas field in Azerbaijan a project that offers Europe a

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Statoil's farm down in Shah Deniz and South Caucasus Pipeline completed

On 1 May 2014 Statoil completed the farm down of 10 of its interest of 25.5 in the Shah Deniz Production Sharing Agreement and the South Caucasus Pipeline Company Limited to BP 3.33 and SOCAR 6.

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Electrogas Malta acquires special purpose project company for LNG to power...

Gasol the AIM listed gas to power company is delighted to announce that as part of a consortium called ElectroGas Malta quotElectroGasquot it has entered in to a Share Purchase Agreement q

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Statoil and SOCAR sign MoU to explore new Caspian acreage

Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding MoU to jointly explore and develop the ZafarMashal structures in the Azerbaijani se

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Is there a refinery in Batam's future?

The recent news that Azerbaijan a major supplier of oil to Indonesia is planning to build a US4.8billion oil refinery in Batam is just the latest in a string of similar announcements that have bee

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Shah Deniz targets Italian and Southeastern European gas markets through...

The following press release was issued by the Shah Deniz consortium today in Baku. The Shah Deniz consortium announced today that it has selected the Trans Adriatic Pipeline TAP to deliver gas volu

View Article

Statoil makes final investment decision on Shah Deniz Stage 2 and announces a...

Statoil ASA OSE STL NYSE STO has together with partners in the Shah Deniz consortium in Azerbaijan today made a final investment decision for the Stage 2 development of the Shah Deniz gas field

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Production begins at West Chirag in the Caspian Sea

The Azerbaijan International Operating Company AIOC operated by BP today announced the startup of oil production from the West Chirag platform as part of the AzeriChiragGunashli ACG field dev

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