Chevron Corporation announced yesterday that its affiliate companies have sold their non-operating interests in the Azeri-Chirag-Deepwater Gunashli (ACG) oil fields (including interests in the Western Export Route Pipeline) and the Baku-Tbilisi-Ceyhan (BTC) oil pipeline located in Azerbaijan, to MOL Hungarian Oil and Gas PLC for a consideration of $1.57 billion. [Read more…] about Chevron sells Azerbaijan assets to MOL Hungarian Oil and Gas
ALE has successfully performed the ballasting operations for the load-outs of two jackets for an offshore platform project in Baku, Azerbaijan. [Read more…] about Load-out of two platform jackets in Azerbaijan
MOL has signed an agreement with Chevron Global Ventures and Chevron BTC Pipeline to acquire their non-operated E&P and mid-stream interests in Azerbaijan. [Read more…] about MOL Group agrees to purchase a 9.57% stake in Azerbaijan’s ACG field and 8.9% in the BTC pipeline
Saipem, in consortium with Boshelf LLC and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli oil and gas (ACG) field offshore Azerbaijan. [Read more…] about E&C contracts for Saipem in Azerbaijan
BP, the operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development, has awarded several key contracts for the Azeri-Central-East (ACE) project. [Read more…] about BP awards construction contracts for ACE project off Azerbaijan
BP plans to drill six new exploration wells in Azerbaijan in 2019-2020. [Read more…] about BP plans to drill new exploration wells in Azerbaijan
Turan Drilling & Engineering announces that it has been awarded its first contract, which is with BP Exploration (Caspian Sea). [Read more…] about Turan Drilling & Engineering wins $500 million BP contract in Azerbaijan
Saipem has signed new Offshore E&C contracts in Azerbaijan, the North Sea and the Republic of Congo.
[Read more…] about New offshore E&C contracts for Saipem
Norway’s Equinor has signed a number of deals with Azerbaijan’s state oil company SOCAR on possible development of the Karabagh oilfield as well as exploration prospects in three areas in the Caspian Sea.
[Read more…] about Equinor expands in Azerbaijan
Subsea 7 announced the award of a substantial contract by BP Exploration for the provision of subsea inspection, repair and maintenance services on both the Azeri-Chirag-Gunashli and Shah Deniz fields, offshore Azerbaijan.
[Read more…] about Subsea 7 awarded contract offshore Azerbaijan