Equinor targets US, UK and Brazil for cash flow growth
“But most of the cash flow increase is coming from improvements in the quality of the portfolio. We're shifting from mature legacy assets to next generation assets.”
Azerbaijan
Azerbaijan picks ex-Socar exec to lead COP29
Babayev talked about remediation for Azerbaijan as a "shared mission and moral imperative".
KCA Deutag unit extends BP work in Azerbaijan
Turan general director Ed Wheler said winning the extension was a “testament to our dedication to delivering customer centric solutions”.
BP, SOCAR target Petronas’ stake in Shah Deniz
BP and Azerbaijan’s state-owned SOCAR have pre-empted a sale of equity in the Shah Deniz field to Russia’s Lukoil.
BP kicks off production from new phase of Shah Deniz gas field
BP has commenced production from a new section of its huge Shah Deniz gas field.
SOCAR platforms safe after ‘mud volcano’ explosion in Caspian Sea
Offshore gas platforms in the Caspian Sea have been marked as safe, despite media coverage of a large explosion in the area, according to a news report.
North-east firm lifts its biggest contract yet in Caspian region
Aberdeenshire firm Safelift Offshore has hit the ground running in 2021, with the announcement of its biggest contract yet.
Zenith lands Tilapia, eyes SNPC collection
Zenith Energy has successfully bid for the Tilapia II licence, as the company closes out its Azerbaijani interests.
Subsea Expo has international flavour with VIPs from Africa and Azerbaijan
Mozambique’s oil and gas regulator, the National Petroleum Institute, and senior representatives from SOCAR, the State Oil Company of the Azerbaijan Republic, will be actively promoting business opportunities for UK subsea companies at Subsea Expo.
Zenith wades into Congo for beleaguered AAOG
Zenith Energy has struck a first deal in Africa with an agreement to buy an 80% stake in the local unit of troubled Anglo African Oil & Gas (AAOG) in Congo Brazzaville.
Petrofac and Socar ink deal with BP in Azerbaijan
Petrofac and its joint venture partner the State Oil Company of the Republic of Azerbaijan (Socar) have announced a deal with BP in Azerbaijan and Georgia.
Saipem bags clutch of deals worth £685million
Italian oilfield services firm Saipem has won a subsea contract in Guyana, as well as additional work in regions including the North Sea, worth £684.6million.
Mol Group buys up Chevron assets for £1.2bn
Hungarian oil firm Mol Group has confirmed today that it will buy up Chevron's mid-stream interests in Azerbaijan for more than £1.2 billion.
Saipem snaps up three new BP Caspian contracts totaling over £100m
Oil contractor Saipem has announced the award of three new contracts with BP worth over £100 million.
Subsea 7 awarded contracts offshore Azerbaijan by BP
Energy service firm Subsea 7 has clinched two contracts with BP for the Azeri Central East (ACE) project in the Caspian Sea.
Petrofac selected for Caspian job
A joint venture between UK-headquartered energy services firm Petrofac and oil firm Socar has clinched a deal to provide engineering and technical services in Azerbaijan.
Caspian Sea nations to meet to discuss dividing ‘oil rich seabed’
The energy-rich Central Asian nation of Turkmenistan is hosting an economic forum intended to bolster co-operation between Caspian Sea nations.
BP gives go-ahead for £4.6bn Caspian project
BP and partners have sanctioned the Azeri Central East (ACE) project in the Azerbaijan sector of the Caspian Sea.
Is BP sitting on another huge Caspian gas field?
BP Plc and its partners just spent $28 billion bringing a giant natural gas project in Azerbaijan online, and that may only be the start.
Shah Deniz celebrates 100 billion cubic metres of total gas production
Twelve years on from start-up, BP has pumped 100 billion cubic metres of gas from Shah Deniz.
BP to explore renewables in oil rich Azerbaijan
Energy giant BP has announced it has signed an agreement to explore renewable energy opportunities in oil rich Azerbaijan.
Expro opens £3.8m base in Azerbaijan, nets BP contract extension
UK oilfield services firm Expro today opened a purpose-built, £3.8 million facility in Baku, Azerbaijan.
Azerbaijan focused Greenfields to list in London
Greenfields Petroleum Corporation will seek admission of its common shares to trading on the London Stock Exchange's alternative investment market (AIM) under the ticker GNF.
VIDEO: BP starts up Shah Deniz 2
BP said today that the $28 billion Shah Deniz 2 gas development in Azerbaijan has commenced production.
Briggs Marine secures £3m contract with BP in Azerbaijan
BP has awarded Fife-based contractor Briggs Marine a three-year contract worth more than £3 million ($4m).