Europe / Caspian / CIS
Country summary: Azerbaijan
energy-pedia opportunities - Azerbaijan:
| Current deals: | 0 |
| Licensing articles: | 16 |
| Completed deals: | 14 |
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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.
Azerbaijan - recent news
| 04 Nov 25 |
Azerbaijan: XRG to acquire stake in Southern Gas Corridor CJSC, expanding Caspian footprint XRG, the international energy investment platform launched by ADNOC in November 2024, has signed non-binding Heads of Terms to acquire a stake in Southern Gas Corridor CJSC (SGC) from the Ministry of Economy of the Republic of Azerbaijan. |
| 15 Oct 25 |
Azerbaijan: Shah Deniz awards three new contracts for compression project The Shah Deniz consortium has announced the award of three major offshore contracts to advance the Shah Deniz Compression (SDC) project. The contracts, with a combined value of approx. $700 million, have been awarded to the Saipem/BOS Shelf joint venture. |
| 07 Oct 25 |
Azerbaijan: SOCAR and SLB sign cooperation agreement on redevelopment of Bahar and Gum Deniz fields SOCAR and SLB have signed an agreement to accelerate the redevelopment of the Bahar and Gum Deniz fields in the Caspian Sea. This partnership envisages the identification of promising production zones, the development of comprehensive reservoir modeling, and the design of well and drilling rig programs to support the Early Production Scheme (EPS) at the fields. |
| 15 Jul 25 |
Azerbaijan: KBR joint venture selected by BP for two energy security projects in Azerbaijan KBR has announced that its joint venture with SOCAR, SOCAR-KBR LLC, has been awarded two contracts by BP for Azerbaijan – one to support the Sangachal Terminal Electrification (STEL) project, Azerbaijan’s largest oil and gas reception terminal, and another for the Shah Deniz compression (SDC) gas field project. |
| 10 Jun 25 |
Azerbaijan: Natural gas sale agreement signed between SOCAR and Germany’s SEFE A 10-year natural gas purchase agreement has been signed between SOCAR and Germany’s state-owned energy company SEFE (Securing Energy for Europe). |
Azerbaijan - more news
