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Azerbaijan's profitable oil produced from ACG within 8 months of 2019 exceeds 13.6 million tons – SOCAR.

The total volume of oil produced so far from the block of Azeri-Chirag-Guneshli (ACG) fields totaled 492 million tons as of September 1, 2019, according to Khoshbakht Yusifzade, the First Vice Pres

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In the first half of the year Tengizchevroil increased oil production by 1.8%

In January-June 2019, Tengizchevroil oil company produced 14.96 million tons of oil (119.4 million barrels), the press centre of the company reported.

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AIOC reduces oil production at ACG 3.7% in Q1

Oil production at the block of Azeri-Chirag-Guneshli fields (ACG) amounted to 52 million barrels (7 million tons) in the first quarter of 2019, the Azerbaijan International Operating Company (AIOC)

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Project of crude gas reverse injection launched at field in Kazakhstan

A major investment project has been launched at the Karachaganak field in Kazakhstan. A construction of the fourth gas reverse injection compressor has been started there.

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Tengizshervoil expects to increase oil production by 12 mln tons per year by 2022

The Prime Minister of the Republic of Kazakhstan Askar Mamin has met with Chevron’s president for geological exploration and production in Europe, Eurasia and the Mmiddle East Todd Levy.

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AIOC resumes oil production from platform at ACG after maintenance

The Azerbaijan International Operating Company (AIOC is the operator for the development of the Azeri-Chirag-Guneshli field) resumed oil production from the platform in the central part of the Azer

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Since 2001, SOFAR’s revenues from sale of profitable oil from ACG block exceeded $140 billion

Revenues to the State Oil Fund of Azerbaijan (SOFAR) from the sale of profitable oil from the Azeri-Chirag-Guneshli block (ACG) and condensate from the Shah-Deniz field in the first quarter of 2019

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SOCAR’s head: sale of shares of Chervron and ExxonMobil in Azeri-Chirag-Gunashli project to be conducted through tender

SOCAR and its foreign partners in the project of the Azeri-Chirag-Gunashli block of fields development intend to participate in a tender for purchase of shares in this project, which will be put up

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Azerbaijani-German joint venture Turan Drilling & Engineering becomes BP contractor for projects in Azerbaijan, cost of contract - $500 million

The British company BP has signed a contract for drilling wells and design and engineering work in the Azerbaijani sector of the Caspian Sea worth $500 million, the press service of the company sai

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BP is ready to buy shares in the Azerbaijani project Azeri-Chirag-Guneshli.

British BP is ready to consider the purchase of Exxon and Chevron shares in the Azeri-Chirag-Guneshli project in Azerbaijan, according to the head of BP Robert Dudley.

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