Turkey signs deal to import natural gas from Azerbaijan
Azerbaijan will supply 11 billion cubic metres (bcm) of natural gas via the Baku-Tiflis-Erzurum pipeline.
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Lukoil to acquire additional stake in Shah Deniz project for $2.25bn
Once the deal completes, Lukoil will own 25.5% stake in the Shah Deniz natural gas project.
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BP to sell 25% stake in Azerbaijan exploration project to Lukoil
The deal allows Lukoil to join SWAP exploration project, where three prospective areas were defined.
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Russia dominates upcoming oil and gas production projects starts in FSU by 2025
39 gas production projects are expected to start operations in four countries in the Former Soviet Union (FSU).
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BP boosts production from Shah Deniz II field offshore Azerbaijan
The East South production flank has a daily production capacity of 400 million standard cubic feet of gas.
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SOCAR Petrofac JV inks contract to support BP’s Caspian Sea project
The JV will commission technicians and other specialist personnel to support work related to the Azeri Central East project.
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Oceaneering secures contracts worth $250m for IDMS segment
Subsea services provider Oceaneering International has secured multiple contracts for its Integrity Management and Digital Solutions (IMDS) segment since Q4…
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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 Azerbaijan from Chevron’s affiliate companies…
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