Shah Deniz Phase 2
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. […]
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, […]
Statoil aims at major interests in giant Umid gas field In January 2013, the Norwegian Foreign Minister Espen Barth Eide supported by Statoil International development and production chief Lars Christian Bacher paid a state visit to Azerbaijan President Ilham Aliyev to promote the Norway national oil company to increase the partnership with the State Oil […]
BP to focus on crude oil Exploration & Production UK major BP PLc (BP) is planning to increase its capital expenditure per year from $19 billion in 2011 and $22 billion in 2012 to $24 billion in 2014 and $27 billion by 2020. After Macondo blow and TNK-BP turbulences, BP is presenting its strategy to boost […]
Shah Deniz Consortium secures funding for TAP BP, State Oil Company of Azerbaijan (SOCAR) and Total, the stakeholders of the Shah Deniz Consortium, have committed to provide the founding to joint venture made of EGL Energy (EGL), Statoil and E.ON Ruhrgas for the Trans Adriatic Pipeline project The Trans Adriatic Pipeline (TAP) is a section of […]
