bp and ONGC Videsh sign gas deal to unlock massive reserves in Azerbaijan’s ACG field

Pallavi Madhiraju- September 21, 2024 0

Azerbaijan's ACG field is on the cusp of a significant transformation following the signing of a Non-Associated Gas (NAG) agreement. A consortium of energy giants, ... Read More

MVM Group to acquire stake in Azerbaijan’s Shah Deniz field from Southern Gas Corridor

Pallavi Madhiraju- June 6, 2024 0

MVM Group, a Hungarian energy company, has entered into an agreement to purchase a 5% stake in the Shah Deniz gas-condensate field located offshore Azerbaijan ... Read More

Masdar and SOCAR launch 1GW renewable energy projects in Azerbaijan

Pallavi Madhiraju- June 5, 2024 0

Abu Dhabi Future Energy Company PJSC – Masdar, a leader in the UAE's renewable energy sector, and the State Oil Company of Azerbaijan Republic (SOCAR), ... Read More

bp launches oil production from Azeri Central East platform in Caspian Sea

Pallavi Madhiraju- April 17, 2024 0

bp, as the operator of the Azeri-Chirag-Gunashli (ACG) project, has announced the commencement of oil production from the Azeri Central East (ACE) platform, marking a ... Read More

Anglo Asian Mining announces major copper discovery at Xarxar deposit, Azerbaijan

Pallavi Madhiraju- February 21, 2024 0

Anglo Asian Mining plc, a prominent AIM-listed gold, copper, and silver producer with operations in Azerbaijan, recently unveiled the completion of its maiden JORC (2012) ... Read More

UAE’s Masdar and Azerbaijan embark on 1GW clean energy projects

Pallavi Madhiraju- October 30, 2023 0

Abu Dhabi Future Energy Company (Masdar), a major force in the global clean energy sector from the UAE, has inked pivotal agreements to develop solar ... Read More

Absheron Gas Field : ADNOC, SOCAR, and TotalEnergies announce strategic transaction

Pallavi Madhiraju- August 5, 2023 0

The Abu Dhabi National Oil Company (ADNOC) is set to acquire a 30% equity stake in the producing Absheron gas and condensate field located in ... Read More

TotalEnergies, SOCAR commence production from Absheron field in Caspian Sea

Pallavi Madhiraju- July 11, 2023 0

TotalEnergies and its partner, the State Oil Company of the Republic of Azerbaijan (SOCAR), have announced the commencement of production from the first phase of ... Read More

Shah Deniz compression project : SOCAR-KBR wins contract for unmanned compression platform

Pallavi Madhiraju- November 19, 2022 0

KBR said that SOCAR-KBR, the company’s joint venture (JV) with SOCAR, has won a contract pertaining to the Shah Deniz compression project, offshore Azerbaijan. The ... Read More

Shah-Deniz gas project : Lukoil wraps up $1.45bn deal to increase stake by 10%

Pallavi Madhiraju- February 21, 2022 0

PJSC Lukoil has wrapped up the previously announced $1.45 billion acquisition of an additional 9.99% stake in the Shah-Deniz gas project, offshore Azerbaijan from Petronas. ... Read More