Browsing Tag
SOCAR
11 posts
Absheron gas project gets final investment decision with 2029 production target
TotalEnergies, SOCAR and XRG have sanctioned Absheron’s full-field expansion, targeting 6 bcm annual gas output and first production in 2029.
Emerson wins BP automation contract for $2.9bn Shah Deniz Compression build
Emerson wins integrated control and safety scope on BP's $2.9bn Shah Deniz Compression platform, extending an automation role that already spans a decade.
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.
Absheron gas and condensate field: Azerbaijan’s Caspian giant moving toward full field development
Absheron is an offshore gas and condensate field in Azerbaijan's Caspian Sea sector, operated by TotalEnergies, SOCAR, and XRG. Phase 2 FID targets July 2026.
BP commits $2.9bn to Shah Deniz Phase 3, to expand solar and gas projects in Azerbaijan
BP ramps up Azerbaijan strategy with $2.9B Shah Deniz project, solar terminal link, and Caspian exploration deals. Find out what this means for investors.
bp and ONGC Videsh sign gas deal to unlock massive reserves in Azerbaijan’s ACG field
Azerbaijan’s ACG field is on the cusp of a significant transformation following the signing of a Non-Associated Gas…
Masdar and SOCAR launch 1GW renewable energy projects in Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, a leader in the UAE’s renewable energy sector, and the…
ADNOC awards SOCAR stake in SARB and Umm Lulu concession
In a significant expansion of its strategic partnerships, the Abu Dhabi National Oil Company (ADNOC) has granted a…
Absheron Gas Field : ADNOC, SOCAR, and TotalEnergies announce strategic transaction
The Abu Dhabi National Oil Company (ADNOC) is set to acquire a 30% equity stake in the producing…
TotalEnergies, SOCAR commence production from Absheron field in Caspian Sea
TotalEnergies and its partner, the State Oil Company of the Republic of Azerbaijan (SOCAR), have announced the commencement…