TPAO

Socar and BP kick off Trans Anatolian Natural Gas Pipeline construction

Socar and BP award TANAP EPCM to WorleyParsons The State Oil Company of Azerbaijan (Socar), and its partners, BP from UK, the Turkish State-owned company Boru Hatlari Ile Petrol Tasima Anonim Sirketi (Botas), awarded the engineering, procurement and construction management (EPCM) five years contract to the Australian-based engineering company WorleyParsons for the construction of the …

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BP and Socar to boost Azerbaijan ACG Full Field Development

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 …

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BP, Socar, Statoil and Total make decision in Azerbaijan Shah Deniz

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 …

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KOGAS to move ahead with Akkas gas field development in Western Iraq

Daewoo Engineering wins Akkas Gas processing plant The South Korean Gas Corporation (KOGAS) and the local Iraq National Oil Company (INOC) have awarded to Daewoo Engineering, & Construction Corporation (Daewoo Engineering) also from South-Korea, the engineering, procurement and procurement (EPC) contract for the gas central processing facility (CPF) of the Akkas gas field in the western of …

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Statoil and SOCAR to increase cooperation in Azerbaijan

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 …

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Shell and TPAO to explore Turkey Black Sea

Shell ramps up upstream activities toward Turkey 2023 In November 2011, Shell and Turkish Petroleum Corporation (TPAO) signed a joint operating agreement to initiate exploration and production onshore and offshore Turkey oil and gas fields.   In this agreement  Shell and TPAO  are considering the development of conventional and unconventional resources. Focusing originally on the Mediterranean …

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CPECC in the lead of Gazprom Badra pipelines package

Badra Export pipeline and Infield pipeline awarded soon Gazprom continues to award engineering procurement and construction (EPC) contracts for the different packages of its $2 billion Badra development project. Badra oil field is located in the Wasit Province at the Southeast of Iraq. Badra is part of these giant fields that the Iraq Government intends to develop to increase …

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Samsung harvests $1.9 billion Russian contracts in Iraq

Lukoil awarded $1West Qurna Phase 2 to Samsung Engineering  Samsung Engineering officially signed a contract, worth approximately $1 billion, with LUKOIL Mid-East Ltd. (Lukoil) for the development of the West Qurna Phase 2 Contract Area and thereafter to  provide assistance to LUKOIL with its carrying out of the commissioning and start up. This engineering contract covers: –Project Management …

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Gazprom continues to award packages for $2 billion Badra Oil field

Petrofac won the first Oil Central Processing Facility (CPF) The Gazprom Neft (Gazprom) Badra oil field is located in the Wasit Province at the Southeast of Iraq. The Badra oil field stakeholders are Gazprom, the operator with 30% share, then KOGAS with 22%, Petronas with 15%, TPAO with 7.5% The project will reach its full …

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ExxonMobil prospects shale gas opportunities in Turkey

ExxonMobil and the Turkish local company TPAO are in discussion to explore the shale gas in Turkey. ExxonMobil is investigating the potential development of Trakya field located in the west of Turkey. According to a survey made in April 2011 by Advanced Resources International (ARI) for the American government about the shale gas fields in …

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