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Country summary: Azerbaijan

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Azerbaijan - recent news

04 Nov 19
Azerbaijan: MOL to acquire Chevron's stake in Azerbaijan’s ACG oil field
MOL has signed an agreement with Chevron Global Ventures and Chevron BTC Pipeline to acquire their non-operated E&P and mid-stream interests in Azerbaijan, including a 9.57 percent stake in the Azeri-Chirag-Gunashli ('ACG') oil field, and an 8.9 percent stake in the Baku-Tbilisi-Ceyhan ('BTC') pipeline.
14 Oct 19
Azerbaijan: Zenith Energy provides update on drilling programme and well perforation activities
Zenith Energy, the international oil & gas production company operating the largest onshore oilfield in Azerbaijan, has provided an update on its drilling programme and well perforation activities.
09 Oct 19
Azerbaijan: enith Energy reports production increase at the C-37 well in the Jafarli oil field
Zenith Energy has confirmed that continued flow testing at the C-37 well in the Jafarli oil field recorded a production rate of approx. 285 barrels of oil per day, adding significant uplift to Zenith's total in country production figure.
30 Sep 19
Azerbaijan: Subsea 7 awarded contracts offshore Azerbaijan
Subsea 7 has announced the award of two contracts, together representing a sizeable contract award, by BP for the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea in a water depth of approx. 140 metres.
09 Sep 19
Azerbaijan: Zenith Energy preparing to test C-37 well in the Jafarli oil field
Zenith Energy confirms that the deepening of well C-37 has successfully identified three untapped oil-bearing clastic layers in the Middle Eocene formation with a total net pay zone of approx. 16 metres.

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