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Equinor sells its interests in Azerbaijan

Saturday, December 23 2023

Fossil Energy – Azerbaijan

Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR.

[Read more…] about Equinor sells its interests in Azerbaijan

Filed Under: Azerbaijan, divestment, Equinor, International News, Oil and Gas, SOCAR Tagged With: Azerbaijan, divestment, Equinor, Socar

Subsea7 completed sail away ACE platform

Tuesday, August 22 2023

Fossil Energy – Sail Away Topside

Subsea7 has successfully completed the sail away and offshore installation of the topsides unit of the bp operated Azeri Central East (ACE) platform in Azerbaijan.

[Read more…] about Subsea7 completed sail away ACE platform

Filed Under: ACE platform, Azerbaijan, International News, Subsea 7, Topside Tagged With: ACE, Azerbaijan, Subsea7, topside

ACE topsides sailing to Caspian Sea installation site

Tuesday, August 8 2023

Fossil Energy – ACE Platform Baku

The topsides unit of the Azeri-Central-East (ACE) platform loaded onto the STB-1 barge has been sailed away from the Bayil fabrication yard in Baku where it was built.

[Read more…] about ACE topsides sailing to Caspian Sea installation site

Filed Under: ACE project, Azerbaijan, BP, International News, Topside, Transport & Installation Tagged With: ACE, Azerbaijan, BP, Caspian Sea, topsides

SOCAR signs joint development agreements for renewable energy sources

Monday, January 16 2023

General – Renewable Energy

The State Oil Company of Azerbaijan (SOCAR) and United Arab Emirates’ Masdar company have signed Agreements on the joint development of offshore wind energy and hydrogen projects with a capacity of 2 GW, as well as joint development of 1 GW solar photovoltaic (PV) and 1 GW onshore wind energy projects.

[Read more…] about SOCAR signs joint development agreements for renewable energy sources

Filed Under: Azerbaijan, International News, Joint Development Agreement, Masdar, SOCAR, UAE Tagged With: Azerbaijan, joint development, Masdar, Socar, UAE

Government leaders ink MoU for Black Sea subsea link

Tuesday, December 20 2022

General – Black Sea

On 17 December, the governments of Azerbaijan, Georgia, Romania, and Hungary entered into an agreement under which the four countries committed to bringing forward a subsea link in the Black Sea.

[Read more…] about Government leaders ink MoU for Black Sea subsea link

Filed Under: Azerbaijan, Black Sea, Georgia, Hungary, International News, MoU, Romania, submarine cable, Subsea cable Tagged With: Azerbaijan, black sea, Georgia, Hungary, MOU, Romania, subsea link

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