Azerbaijan
Aquaterra gets subsea riser order from Azerbaijan
Aquaterra Energy has won a high-pressure high temperature (HPHT) subsea riser contract with oil and gas operator Umid Babek Operating Company (UBOC) for the exploration of its HP well on the Babek project in Azerbaijan. Aquaterra Energy will deliver its 15,000 psi subsea riser system, using the AQC-
UK firm collects $128 million in new deals with headcount increase on the horizon
EnerMech has secured new contract awards worth over $126 million in Africa, Caspian and the Middle East, spurring further headcount increase.
BP to reduce carbon footprint of Shah Deniz platform through new power supply
A joint venture between KBR and SOCAR has been awarded a FEED contract by BP for the Shah Deniz Alpha platform in Azerbaijan.
EnerMech nets two deals thanks to brand-new joint venture in Azerbaijan
EnerMech has won two contracts since entering a new JV with Oil & Gas Proserv, a Nobel Energy Group subsidiary in Azerbaijan.
Lukoil increases stake in BP’s Shah Deniz after closing Petronas deal
Lukoil has completed the acquisition of Petronas’ interest in the BP-operated Shah Deniz natural gas project in the Caspian Sea.
Azerbaijan’s oil output drops down considerably from 2020 figures
Azerbaijan’s Ministry of Energy has revealed that the country’s oil production decreased by 16.5 thousand tons compared to the 2020 figures.
Lukoil and Petronas change Shah Deniz deal due to pre-emption by partners
Lukoil and Petronas have changed their previous agreement related to Lukoil’s acquisition of an interest in the Shah Deniz project.
BP loads 1000th tanker of crude oil at Black Sea terminal
The BP-operated Western Route Export Pipeline has loaded the 1000th tanker at the Supsa terminal on the Black Sea.
Lukoil paying $2.25 billion for Shah Deniz stake
Lukoil has concluded an agreement on acquiring an interest in the Shah Deniz gas project in the Caspian Sea from Petronas.
Russia’s Lukoil joining BP’s exploration project in Caspian Sea
Russia’s oil and gas company Lukoil is entering BP’s exploration project located in the Caspian Sea offshore Azerbaijan.
Plan to power oil & gas ops with floating wind unveiled in Azerbaijan
SOCAR and Technip Energies have signed a cooperation agreement which, among other things, will see the two companies working on a joint pilot project for powering upstream operations in Azerbaijan’s sector of the Caspian Sea with electricity produced by a floating wind turbine. If the project moves