Azerbaijan
Turkmengas to export PE – PP from Kyyanly Complex The national oil and gas company Turkmengas State Concern (Turkmengas) is planning to invest $10 billion capital expenditure in a greenfield world-scale petrochemical complex at Kyyanly, also spelled Kiyanly, on East Coast of the Caspian Sea. Located in front Azerbaijan around the Caspian Sea and squeezed […]
BP recommends AIOC to add platforms before 2021 As the operator of the Azeri-Chirag-Gunashli (ACG) oil field in the Caspian Sea of Azerbaijan, Azerbaijan, BP shared with his partners, the State Oil Company of Azerbaijan (Socar), Inpex, Chevron, ExxonMobil, Statoil, TPAO, Itochu and ONGC Videsh, in the Azerbaijan International Operating Company (AIOC) his recommendations to maintain […]
Shah Deniz Stage-2 to go for Full Field Development The London-based BP and its partners, Statoil from Norway, the State Oil Company of Azerbaijan (SOCAR), Total from France, Lukoil from Russia, the National Iran Oil Company (NIOC), and Türkiye Petrolleri Anonim Ortaklığı (TPAO) from Turkey, have made the final investment decision (FID) for the Shah Deniz […]
Haldor Topsoe wins Socar Sumgayit Ammonia Licence The national State Oil Company of Azerbaijan Republic (Socar) selected the Danish catalysis expert Haldor Topsoe to provide its first integrated fertilizer project in Azerbaijan with its ammonia technology. With a budget of $650 million capital expenditure, the Republic of Azerbaijan has made the final investment decision (FID) […]
Will Sinopec trigger Indonesia new refineries projects? The world largest refining company Sinopec from China has decided to build the largest oil storage terminal in Southeast Asia at the Batam Free Trade Zone in Indonesia. With a storage capacity of 16 million barrels of crude oil and refined products Sinopec is planning to invest $850 million […]
Azerbaijan Key Projects and Business Highlights With giant projects such as Azeri-Chirag-Guneshli (ACG), the Baku-Tbilisi-Ceyhan (BTC) pipeline, and the Shah Deniz Phase-2, Azerbaijan has joined the largest producing countries of natural gas. The reserves of the Caspian Sea offshore Azerbaijan have attracted all the major companies BP, Inpex, Chevron, Itochu, Hess, Statoil , Total or Turkish Petroleum among others. […]
Shah Deniz-2 partners selected TAP over Nabucco The Shah Deniz-2 partners, BP from UK, Total from France and the State Oil Company of Azerbaijan (SOCAR) have preferred the Trans-Adriatic Pipeline (TAP) project over Nabucco to export their natural gas from Azerbaijan to Europe. At the scale of these giant projects, TAP offers the shortest and simplest […]
KBR wins Azeri OGPC Gas Processing Plant PMC The State Oil Company of Azerbaijan (SOCAR) selected the Houston-based engineering company KBR to provide project management consultancy (PMC) for the front end engineering and design (FEED) of the gas processing plant (GPP) within its Oil & Gas Processing and Petrochemical Complex (OGPC) project in Azerbaijan. In April 2012, […]
