Europe / Caspian / CIS
Country summary: Azerbaijan
energy-pedia opportunities - Azerbaijan:
| Current deals: | 1 |
| 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
| 13 Jul 24 |
Azerbaijan: Saipem signs framework agreement with bp for offshore activities in Azerbaijan Saipem has announced the signing of a framework agreement between BP Exploration (Caspian Sea) and a consortium composed of Saipem Contracting Netherlands, BOS Shelf and BOS Shelf International. The framework agreement entails the execution of offshore activities in the Azerbaijani waters of the Caspian Sea operating the SCV Khankendi, a state-of-the-art vessel owned by the Shah Deniz consortium and specifically designed for subsea construction. |
| 17 Jun 24 |
Azerbaijan: Baker Hughes awarded multi-year contract to help Azerbaijan maximize well productivity Baker Hughes has announced an award from the State Oil Company of Azerbaijan Republic (SOCAR) to employ its electric submersible pump (ESP) technology and automated field production software solution, Leucipa, in the nation’s oilfields. |
| 05 Jun 24 |
Azerbaijan: MVM Group acquires a stake in the Shah Deniz offshore gas-condensate field Hungarian state-owned MVM Group has entered into a sale and purchase agreement with the Azerbaijani state-owned entity Southern Gas Corridor for the acquisition of a 5% stake in the Production Sharing Agreement for the Shah Deniz gas-condensate field offshore Azerbaijan and a 4% stake in Azerbaijan Gas Supply Company, established for the marketing and sale of natural gas produced from the Shah Deniz gas-condensate field. |
| 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. |
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