MOL acquires Chevron’s assets in Azerbaijan for $1.57bn
Oil and gas company MOL has completed its previously announced acquisition of certain assets in...
Equinor and SOCAR confirm oil discovery in Caspian Sea
The State Oil Company of the Azerbaijan Republic (SOCAR) and Norway’s Equinor have confirmed their...
SOCAR and BP start drilling at Shafag-Asiman block offshore Azerbaijan
Oil and gas major BP and its partner State Oil Company of the Republic of...
Socar-Petrofac JV to provide management services for BP in Caspian Sea
BP has awarded a service contract for operations in the Caspian Sea to a joint...
MOL to acquire stakes in Azerbaijan’s ACG field and BTC pipeline
Oil and gas firm MOL Group has signed an agreement with Chevron Global Ventures and...
Saipem wins $145m contracts from BP for Azerbaijan field
Saipem, along with its consortium partners Boshelf and STAR GULF FZCO, has won three new...
Total plans to start production at Azerbaijan’s Absheron gasfield
French oil and gas company Total is set to begin production from the Absheron gas...
Azeri Central East Project
The Azeri Central East (ACE) project is the new phase of development in the Azeri,...
BP and partners to invest $6bn in ACE project offshore Azerbaijan
BP, along with its project partners, is set to invest $6bn in the Azeri Central...
Turan JV wins $500m BP contract in Caspian Sea
Turan Drilling & Engineering Company, a joint venture (JV) firm between KCA Deutag and SOCAR...