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Representative image of an offshore drilling rig in the Otway Basin at sunset, illustrating the setting of 3D Energi Limited’s Charlemont-1 gas discovery and its role in validating seismic prospects across the Charlemont Trend.

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Energy Industry News

SOCAR buys ITOCHU’s 3.65% stake in Azerbaijan’s Azeri-Chirag-Gunashli field

SOCAR bought ITOCHU's 3.65% stake in Azerbaijan's Azeri-Chirag-Gunashli oil field on 3 August, one plank of a wider ITOCHU pivot to buybacks and aviation.

August 3, 2026

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