BP

In Q3, BP’s profit from participation in Rosneft grew more than 3 times

In the third quarter, British BP increased its net profit 1.9 times to $3.35 billion, as it follows from the company's report.

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In 2019, AIOC to increase oil production at ACG block by 2%

Oil production at the Azeri-Chirag-Guneshli fields block (ACG) will be 30.9 million tons in 2019.

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In 2019 BP to drill 2 exploration wells in the shallows of the Absheron archipelago

BP plans to drill two exploratory wells in the shallows of the Absheron archipelago in 2019, Bakhtiyar Aslanbeyli, vice president of BP for foreign relations and strategic issues in Azerbaijan, Geo

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In January-September exports of Azerbaijani gas from the Shah Deniz field increase by 7.4%.

In January-September 2018 the export of Azerbaijani gas from the Shah-Deniz field amounted to 5 billion 785.6 million cubic meters, which was 7.4% higher than the same period last year, the State S

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BP buys 61% in contract for development of land field in Azerbaijan

BP has acquired a 61% equity participation in agreement on production sharing on onshore oilfield South-Western Gobustan in Azerbaijan, it follows from message of BP-Azerbaijan.

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Extraction from SDB platform within Phase-2 of Shah Deniz project is carried out from 4 wells - BP

Production of gas and condensate from the Shah Deniz Bravo platform (SDB) within Phase-2 of the Shah Deniz development project is being carried out from 4 production wells, the company's presid

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BP registers company in Azerbaijan to develop shallow waters of Absheron archipelago

On June 29, 2018, the Ministry of Taxes of Azerbaijan has registered a representative office of BP Exploration (Abseron) limited, the Tax Ministry reports.

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In H1, BP-Azerbaijan reduced gas production from Shah-Deniz by 2%

In the first six months of 2018, BP-Azerbaijan extracted 5 billion cubic meters of gas from the Shah-Deniz field, the company reported to the Interfax-Azerbaijan.

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In H1 2019 BP plans to begin seismic studies on the promising block D230 in the Caspian Sea

In the first half of 2019 BP is planning to begin seismic studies on the prospective block D230 at Northern Absheron in the Azerbaijani sector of the Caspian Sea, BP-Azerbaijan informed.

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Rosneft provided almost a third of BP's production

BP received about $900 million from participation in Rosneft

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