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
Load-out of two platform jackets in Azerbaijan
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 Group agrees to purchase a 9.57% stake in Azerbaijan’s ACG field and 8.9% in the BTC pipeline
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
E&C contracts for Saipem in Azerbaijan
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 awards construction contracts for ACE project off 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 new exploration wells in 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 wins $500 million BP contract 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
New offshore E&C contracts for Saipem
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
Equinor expands in Azerbaijan
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 awarded contract offshore 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
