Europe / Caspian / CIS
Country summary: Azerbaijan
energy-pedia opportunities - Azerbaijan:
| Current deals: | 2 |
| Licensing articles: | 16 |
| Completed deals: | 12 |
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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
| 17 Apr 24 |
Azerbaijan: bp begins oil production from major new platform offshore Azerbaijan bp, as operator of the Azeri-Chirag-Gunashli (ACG) project, has announced the start-up of oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian Sea. |
| 04 Mar 24 |
Azerbaijan: WindEurope and Azerbaijan join forces to accelerate wind energy WindEurope and the Azerbaijan Renewable Energy Agency have signed a Memorandum of Understanding (MoU) to advance the deployment of onshore and offshore wind energy in Azerbaijan and the wider Caspian Sea area. |
| 24 Jan 24 |
Azerbaijan: BP launches major seismic programme on ACG field bp as operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development project, commenced a new 4-dimensional (4D) high-definition ocean bottom node seismic programme on the ACG field on 20 January. This is the largest-ever seismic acquisition commitment made by bp globally by all its aspects – area size, cost and programme duration. |
| 22 Dec 23 |
Azerbaijan: Equinor sells its interests in Azerbaijan to SOCAR Equinor and SOCAR have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR. The assets comprise a 7.27% non-operated interest in the Azeri Chirag Gunashli (ACG) oil fields in the Azerbaijan sector of the Caspian Sea, 8.71% interest in the Baku-Tbilisi-Ceyhan (BTC) pipeline and 50% in the Karabagh field. |
| 08 Dec 23 |
Azerbaijan: BP spuds first production well from the new Azeri Central East (ACE) platform bp as operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development project, has announced that the first production well has been spudded from the new Azeri Central East (ACE) platform. This allows bp to meet its first oil production target for ACE and deliver it in early 2024. |
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