Connecting gears of the energy transition

The energy transition is one of the greatest challenges of our time.

BP Launches USD 28 Bln Shah Deniz 2 Project in Azerbaijan

BP has launched the landmark Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas ...

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Subsea 7 Clinches BP Contract Offshore Azerbaijan

Subsea 7 has been awarded a substantial contract by BP for the provision of subsea inspection, repair and ...

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SOCAR-KBR JV Nets Two Azeri Central East FEED Deals

KBR’s joint venture with SOCAR has secured two Front-End Engineering Design (FEED) contracts for a new ...

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Total, Socar Ink Absheron Development Deal

Total and Socar, the national oil company of Azerbaijan, have signed an agreement establishing the contractual and ...

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Saipem Extends Azerbaijan Survey Services with Lighthouse

Lighthouse Azerbaijan Branch has signed a 4-year extension of the existing frame agreement with Saipem. The two ...

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Allspeeds Supplies Webtool for Shah Deniz 2

Allspeeds has been awarded a contract to supply Webtool emergency disconnection tools for well intervention and ...

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GAS to Support Chirag Oil Project Off Azerbaijan

GAS Azerbaijan branch has been appointed to perform survey and positioning support activities for the Chirag Oil ...

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GAS Completes ROV Survey on Absheron Field

Azerbaijani branch of GAS has completed an ROV visual inspection of wellhead in the Absheron field. The company ...

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Banks to Lend USD 1 Bln for Shah Deniz Stage II

Under the second stage of the Production Sharing Agreement of the Shah Deniz Project in Azerbaijan, LUKOIL Overseas ...

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Emerson’s Automation for Shah Deniz Stage 2 ...

BP has awarded Emerson Process Management, a global business of Emerson, a contract in excess of $40 million to be ...

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Weather Hampers Gum Deniz Seismic Shoot

Greenfields Petroleum is continuing to acquire the 3-D survey over the Gum Deniz Oil Field offshore Azerbaijan, but ...

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Azerbaijan Marks Southern Gas Corridor Groundbreaking ...

The Azerbaijan International Operating Company (AIOC) operated by BP, celebrated the 20th anniversary of the ...

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Viper Subsea Wins Equipment Supply Contract (Azerbaijan)

Viper Subsea has secured its largest contract to date for the supply of subsea hydraulic and electrical ...

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Azerbaijan: Dalgidj to Expand ROV Fleet

The EBRD and Unibank are providing a $10 million loan to Dalgidj LLC, an Azerbaijani oil-service company, for the ...

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Total Sells Shah Deniz Interest for $1.5 Bln

Total has signed an agreement to sell its 10% interest in the Shah Deniz field and the South Caucasus Pipeline to ...

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Baku Shipyard to Build Subsea Vessel for Shah Deniz

Baku Shipyard LLC (Baku Shipyard) has secured a contract worth US$378 million from BP Exploration (Shah Deniz) Ltd, ...

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EBRD Funds Further Development of Shah Deniz Gas Field ...

The European Bank for Reconstruction and Development (EBRD) is continuing to invest in projects that will ...

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Oil Production Starts at West Chirag in Azerbaijan ...

The Azerbaijan International Operating Company (AIOC), operated by BP, announced the start-up of oil production ...

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Foreign Secretary Hague Attends Signing of Azerbaijan ...

Foreign Secretary William Hague visited Baku today to witness the signing of the final investment decision on a new ...

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Keppel Opens New Shipyard in Azerbaijan

A new shipbuilding yard that is jointly developed by Keppel Offshore & Marine Ltd (Keppel O&M), State Oil ...

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Statoil and SOCAR to Jointly Explore New Caspian Acreage

Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding ...

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