Search results for: Shafag-Asiman

3458 results

A list of search results

  • 16 May 2011
    Business & Finance

      On May 13, a presentation on carrying out 3D-seismic survey on the prospective structure “Shafag-Asiman” was hosted at SOCAR Head Office. Opening the ceremony, SOCAR first vice-president Mr. Khoshbakht Yusifzadeh gave detailed information on the prospective structure “Shafag-Asiman”. According to him, on May 6, a contract for exploration, development and production sharing of the […]

  • 23 August 2011
    Business & Finance

    Geophysical survey vessel Gilavar was delivered to Caspian Sea on 1 August to hold 3D seismic exploration works on offshore Shafag-Asiman… Source: news.az [mappress] Source: news.az, August 23, 2011;  

  • 15 January 2020
    Exploration & Production

    BP has spudded the first exploration well on the Shafag-Asiman offshore block located in Azerbaijan’s sector of the Caspian Sea.

  • 23 August 2011
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

      Geophysical survey vessel Gilavar was delivered to Caspian Sea on 1 August to hold 3D seismic exploration works on offshore Shafag-Asiman… (news.az) [mappress] Source: news.az, August 23, 2011;

  • 29 April 2011
    Business & Finance

      On April 27, SOCAR President Mr. Rovnag Abdullayev received BP delegation led by Company’s Chief Executive Mr. Robert Dudley. Welcoming the guests, Mr. Abdullayev stated that Exploration work within the contract on exploration of “Azeri-Chirag-Gunashli”, “Shah Daniz” fields, development and production sharing on the prospective “Shafag-Asiman” block in the Azerbaijani sector of the Caspian […]

  • 29 April 2011

      On April 27, SOCAR President Mr. Rovnag Abdullayev received BP delegation led by Company’s Chief Executive Mr. Robert Dudley. Welcoming the guests, Mr. Abdullayev stated that Exploration work within the contract on exploration of “Azeri-Chirag-Gunashli”, “Shah Daniz” fields, development and production sharing on the prospective “Shafag-Asiman” block in the Azerbaijani sector of the Caspian […]

  • 10 May 2011
    Business & Finance

      On May 6, the Parliament of the Republic of Azerbaijan ratified the new production sharing agreement (PSA) between BP and SOCAR on joint exploration and development of the Shafag-Asiman structure in the Azerbaijan sector of the Caspian Sea. Rashid Javanshir, BP’s Regional President, said: “We are particularly pleased that the PSA was ratified by […]

  • 24 February 2011
    Business & Finance

      On February 22, during a working visit to London, Mr. Rovnag Abdullayev, SOCAR President met with Mr. Robert Dudley, BP President at Company’s Head office. The meeting was attended by Mr. Rashid Javanshir, President of BP-Azerbaijan and other high-ranking officials of BP. The meeting covered the discussions on the long-term fruitful cooperation between BP […]

  • 25 February 2011

      On February 22, during a working visit to London, Mr. Rovnag Abdullayev (picture), SOCAR President met with Mr. Robert Dudley, BP President at Company’s Head office. The meeting was attended by Mr. Rashid Javanshir, President of BP-Azerbaijan and other high-ranking officials of BP. The meeting covered the discussions on the long-term fruitful cooperation between […]

  • 7 October 2010
    Business & Finance

    BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) announced  they had signed a new production sharing agreement (PSA) on joint exploration and development of the Shafag-Asiman structure in the Azerbaijan sector of the Caspian Sea.   The PSA was signed today in Baku by Rovnag Abdullayev, President of SOCAR, and Rashid […]

  • 28 June 2013

    Wood Mackenzie, a global energy and mining research and consultancy group, today praised the BP-led Shah Deniz consortium’s decision to transport Caspian Sea gas through the Trans Adriatic Pipeline to the heart of Europe. Still, Wood Mackenzie added that Azerbaijan could be facing difficulties when it comes to the future increase in gas exports as it doesn’t […]

  • 12 October 2018
    Business & Finance

    DP World launches the construction work on the development of the multipurpose Barbera port in Somaliland.

  • 21 April 2020
    Exploration & Production, Infrastructure, Market outlooks, Outlook & strategy

    Exploration plans are being redrawn and the well count is expected to drop by as much as 35 per cent on 2019 levels due to the “double whammy” of the oil price collapse and COVID-19 pandemic, according to market research provider Westwood Global Energy Group.

  • 12 October 2018
    Business & Finance

    Construction work on the development of the multi-purpose Berbera Port in the Republic of Somaliland officially started earlier this week with a special ground-breaking ceremony to mark the occasion, DP World said in its latest release.  The first phase will consist of building a 400 meter quay and 250,000 square meter yard extension as well […]

  • 8 December 2011
    Business & Finance, Vessels

    In pursuing efforts to gain international expansion, IHC Merwede is looking forward to declaring the acquisition of several Asian shipyards in the upcoming quarter, Reuters reports. The global market leader for efficient dredging and mining vessels and equipment, IHC Merwede is well equipped for future expansion. Earlier this year, the company secured the financial backing […]

  • 15 May 2015
    Equipment

    Asian Lift, a joint venture between Keppel Offshore & Marine (Keppel O&M) and Smit Singapore, a member of the Boskalis Group of Companies, has named today, May 15, 2015, the Asian Hercules III.  According to the company, the Asian Hercules III is the largest and most versatile heavy-lift sheerlegs of its kind in the world. […]

  • 18 July 2014
    Business & Finance

    Dipping demand seems to have pushed East Asian front-month spot LNG prices to their lowest levels since March 2011. However, traders anticipate a strong rebound in early negotiations for deliveries over the coming winter, according to ICIS, a petrochemical market information provider.   “The August ‘14 EAX contract was assessed for the last time on […]

  • 5 November 2012

    A high-end multi-purpose Maritime Business Centre within the iconic Dubai Maritime City (DMC) was opened today by His Excellency Lieutenant-General Saif Abdullah Al Shafar, Undersecretary, Ministry of the Interior, United Arab Emirates. The Centre will form the nucleus of the City, which is evolving rapidly into a hub of maritime commerce, business and trade with […]

  • 23 October 2019
    Business & Finance

    The new units, Spirit of Kolkata and Spirit of Chennai, started their charter deals with Mediterranean Shipping Company.

  • 12 August 2016
    Business & Finance

    The cruise industry in Asia is growing at a record pace and shows no signs of slowing down, according to Cruise Lines International Association’s (CLIA) 2016 Asia Cruise Trends study. Furthermore, the study shows that the Asian source markets experienced the most growth year over year in ocean cruise passengers with a 24 percent increase from 2014 to […]

  • 31 August 2018

    Spot LNG prices in Asia have jumped for the third week running as the demand from Japan and South Korea remained strong. 

  • 13 April 2017

    Spot LNG prices in Asia have been pushed down to US$5.40 per mmBtu over the week as the demand for May cargoes declined.