BP and Azerbaijan’s state-owned SOCAR have pre-empted a sale of equity in the Shah Deniz field to Russia’s Lukoil.
BP has commenced production from a new section of its huge Shah Deniz gas field.
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.
Aberdeenshire firm Safelift Offshore has hit the ground running in 2021, with the announcement of its biggest contract yet.
Zenith Energy has successfully bid for the Tilapia II licence, as the company closes out its Azerbaijani interests.
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 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 its joint venture partner the State Oil Company of the Republic of Azerbaijan (Socar) have announced a deal with BP in Azerbaijan and Georgia.
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.