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.
Azerbaijan
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).
Zenith Energy snaps up rig for £250k
Azerbaijan-focused Zenith Energy has struck a deal to buy a new workover rig for £250,000.
Global opportunities on show at Subsea Expo 2018
UK subsea service companies will have a chance to broaden their horizons at the sector’s main annual conference and exhibition.
Azerbaijan’s Socar to ditch Calgary base
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’s second Shah Deniz 2 platform installed offshore
BP said today that the second topsides unit for its Shah Deniz Stage 2 project has been installed in the Caspian Sea.
IKM sign on to be part of Azerbaijan drilling operation
Service company IKM Cleandrill have signed a contract to be brought on-board the Absheron Project in the Caspian Sea.
Zenith Energy raise production from Azeri well
Calgary-based Zenith Energy said today that it had increased production from the M66 well on Azerbaijan’s Muradkhanli field.
Five offshore workers injured in Caspian Sea crash
Five offshore workers in Azerbaijan have been injured following after a seismic vessel crashed into a platform in the Caspian Sea.
Azeri energy minister dies
Azerbaijan’s energy minister has died in Turkey while receiving treatment following a heart attack, officials say.
Shah Deniz gas project gets $500m loan
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.
EnerMech nets £40m worth of Caspian deals
Engineering services firm EnerMech said today that it had won £40million worth of contracts in the Caspian region.
Opinion: The secret wealth of the world’s richest oil billionaires
A policy of nationalizing chunks of an economy inevitably creates oligarchs who skim profits off the country's natural resources.