Azerbaijan

Contract with BP takes Oceaneering to Caspian Sea
Fossil Energy

Contract with BP takes Oceaneering to Caspian Sea

U.S. subsea engineering and applied technology firm Oceaneering has secured a contract with UK-headquartered energy giant BP for the provision of riserless light well intervention (RLWI) services for the largest oilfield in the Azerbaijan sector of the Caspian basin. Oceaneering‘s Offshore Projects

about 1 year ago
Shah Deniz Alpha platform; Source: BP
Fossil Energy

Triple contract win for Saipem in Azerbaijan valued at $600M

Italian engineering, drilling, and construction services firm Saipem has secured three new contracts for a gas project in Azerbaijan operated by UK-headquartered energy giant BP, which together have a value of approximately $600 million. The offshore contracts were awarded in consortium with BOS She

about 1 year ago
Illustration; Source: SLB
Fossil Energy

Oil & gas boost on the horizon: SOCAR taps SLB for Caspian Sea duo’s revamp

SLB has signed on the dotted line to pool resources with the State Oil Company of the Republic of Azerbaijan (SOCAR) for the redevelopment of two oil and gas fields in the Caspian Sea to augment production from these mature assets off the coast of Azerbaijan.

about 1 year ago
Shah Deniz Alpha platform; Source: BP
Fossil Energy

BP confirms multimillion-dollar deals for gas field expansion and terminal electrification

BP has corroborated the award of engineering and procurement support assignments to the SOCAR-KBR joint venture (JV), entailing KBR, a U.S.-headquartered science, technology, and engineering player, and Azerbaijan’s SOCAR.

about 1 year ago
SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz
Alternative Fuels

SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz

Offshore Energy has launched a summer sale with up to 50% off on advertising packages, ending on July 31. Use this opportunity to book your advertising campaign and multiply ways to increase exposure to the industry! Get 15% off for one, 25% off for two, and 50% off for three products or more. Conta

about 1 year ago
Shah Deniz gas field offshore Azerbaijan; Source: Southern Gas Corridor (SGC)
Fossil Energy

BP entrusts KBR-SOCAR JV with terminal electrification and giant gas field’s next phase

KBR, a U.S.-headquartered science, technology, and engineering player, has won new assignments in Azerbaijan with the UK-headquartered BP, thanks to its joint venture with SOCAR, known as SOCAR-KBR, which will undertake detailed engineering design solutions and procurement services for two projects

about 1 year ago
Scott Duguid, MD of eGroup; Courtesy of eGroup
Fossil Energy

UK player ups headcount ante with contract wins encapsulating ‘high-profile’ oil & gas assets

Aberdeenshire-based surface preparation specialist, eBlast, part of the eGroup, has tucked multiple new energy sector assignments under its belt, including work on oil and gas operators’ projects in the UK and abroad.

about 1 year ago
Shah Deniz gas field offshore Azerbaijan; Source: Southern Gas Corridor (SGC)
Fossil Energy

German firm pens 10-year gas deal with Azerbaijan’s SOCAR

Germany’s Securing Energy for Europe (SEFE) has secured a multi-year import of natural gas by inking an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR), fortifying Europe’s energy security.

about 1 year ago
Shah Deniz Bravo platform; Source: BP
Fossil Energy

BP green-lights batch of energy projects: Next chapter of mega gas field is a go

BP has revealed final investment decisions for multiple projects, including the next phase of development for a giant natural gas field in the Caspian Sea, described as one of the world’s largest gas-condensate fields and the company’s largest gas discovery.

about 1 year ago
Oil Rocks infrastructure centre connecting other oil fields of Azerbaijan (for illustration purposes); Source: SOCAR
Fossil Energy

SOCAR strengthens energy ties in oil & gas realm with ExxonMobil and Canadian player

Thanks to a new set of deals, the State Oil Company of the Republic of Azerbaijan (SOCAR) is pooling resources with the U.S.-headquartered ExxonMobil and Canada’s Gran Tierra Energy to explore energy opportunities.

about 1 year ago
Shah Deniz Alpha platform; Source: BP
Fossil Energy

BP rakes in $1 billion from sale of partial stake in pipeline carrying gas from field off Azerbaijan

BP has struck a deal with Apollo-managed funds to divest a minor non-controlling stake in BP Pipelines (TANAP), the firm’s subsidiary that holds its 12% interest in owner and operator of the pipeline that carries natural gas from a giant offshore field in Azerbaijan across Türkiye.

about 1 year ago
Shah Deniz Alpha platform; Source: BP
Fossil Energy

BP flips gas production switch back on at giant platform off Azerbaijan

BP has restarted production from a platform in the Caspian Sea at one of the world’s largest gas-condensate fields and the company’s largest gas discovery ever.

about 1 year ago