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.
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.
Oil contractor Saipem has announced the award of three new contracts with BP worth over £100 million.
Energy service firm Subsea 7 has clinched two contracts with BP for the Azeri Central East (ACE) project in the Caspian Sea.
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.
The energy-rich Central Asian nation of Turkmenistan is hosting an economic forum intended to bolster co-operation between Caspian Sea nations.
BP and partners have sanctioned the Azeri Central East (ACE) project in the Azerbaijan sector of the Caspian Sea.
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.
Twelve years on from start-up, BP has pumped 100 billion cubic metres of gas from Shah Deniz.
Energy giant BP has announced it has signed an agreement to explore renewable energy opportunities in oil rich Azerbaijan.
UK oilfield services firm Expro today opened a purpose-built, £3.8 million facility in Baku, Azerbaijan.
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.
BP said today that the $28 billion Shah Deniz 2 gas development in Azerbaijan has commenced production.
BP has awarded Fife-based contractor Briggs Marine a three-year contract worth more than £3 million ($4m).
Azerbaijan-focused Zenith Energy has struck a deal to buy a new workover rig for £250,000.
UK subsea service companies will have a chance to broaden their horizons at the sector’s main annual conference and exhibition.
Azeri state oil firm Socar's will close its North American division's Calgary office and move all commercial and support functions to Houston, a news report said.
BP said today that the second topsides unit for its Shah Deniz Stage 2 project has been installed in the Caspian Sea.
Service company IKM Cleandrill have signed a contract to be brought on-board the Absheron Project in the Caspian Sea.
Calgary-based Zenith Energy said today that it had increased production from the M66 well on Azerbaijan’s Muradkhanli field.
Five offshore workers in Azerbaijan have been injured following after a seismic vessel crashed into a platform in the Caspian Sea.
Azerbaijan’s energy minister has died in Turkey while receiving treatment following a heart attack, officials say.
The Asian Development Bank (ADB) will provide a $500million loan to support the Shah Deniz 2 gas project in the Caspian Sea, the Azeri finance ministry said.
Engineering services firm EnerMech said today that it had won £40million worth of contracts in the Caspian region.
A policy of nationalizing chunks of an economy inevitably creates oligarchs who skim profits off the country's natural resources.