• Azeri Central East Project

  The Azeri Central East (ACE) project is the new phase of development in the Azeri,...
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• 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...
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• Turan JV wins $500m BP contract in Caspian Sea

  Turan Drilling & Engineering Company, a joint venture (JV) firm between KCA Deutag and SOCAR...
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• Exxon and Chevron consider selling interests in Azeri oilfield

  US firms Exxon Mobil and Chevron are reportedly exploring the sale of their stakes in...
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• Deals this week: Rosenberg WorleyParsons, CNPC, Equinor

  Rosenberg WorleyParsons has won an engineering, procurement and construction contract from Lundin Norway and partners...
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• Saipem wins three offshore engineering and construction contracts

  Italian oil and gas contractor Saipem has secured three new offshore engineering and construction (E&C)...
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• Deals this week: Aker BP, Pilot Energy, Socar AQS

  Aker BP has signed an agreement to purchase working interest in 11 oil licences from...
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• Socar and KCA Deutag establish Caspian Sea offshore and onshore JV

  Azerbaijan-based drilling and well services management company Socar AQS has entered an agreement with UK...
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• BP begins gas development project operations at Shah Deniz 2

  UK-based oil and gas company BP has started operations at the $28bn Shah Deniz 2...
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• Azerbaijan opens first section of Southern Gas Corridor

  Azerbaijan has opened the first section of the Southern Gas Corridor (SGC), which will supply...
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