Europe / Caspian / CIS
Country summary: Azerbaijan
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Azerbaijan - recent news
|16 Jan 20
||Azerbaijan: BP spuds first Shafag-Asiman exploration well offshore Azerbaijan
BP has announced that the first exploration well was spudded on the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian Sea on 13 January. Shafag-Asiman has significant potential for a large-scale gas discovery. The well is planned to reach total depth of up to 7,000 metres, which is expected to take around nine months.
|16 Dec 19
||SOCAR Petrofac JV secures project management services contract with BP
Petrofac, in a joint venture with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured a Project Management Services contract to support BP’s operations in Azerbaijan and Georgia. The three-year contract will support both onshore and offshore activity for BP operated projects in the Caspian Sea area.
|12 Dec 19
||Azerbaijan: Zenith Energy provides operational update
Zenith Energy has provided an update on the C-37 well in the Jafarli oil field. The Company expects to achieve stabilised production from well C-37 of approx. 250-300 barrels of oil per day without stimulation following the completion of downhole operations.
|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.
Azerbaijan - more news