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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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Crude oil exports through CPC terminal up by 6.5% to 4.9 million tons in February

In February 2019 the volume of oil exports through the terminal of the Caspian Pipeline Consortium (CPC) increased by 6.5% - to 4.893 million tons compared to the same period last year.

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Azerbaijan is fine with Chevron's and ExxonMobil's plans to sell shares in AChG - Aliyev

The Azerbaijani President Ilkham Aliyev considers it normal and natural that the American companies Chevron and ExxonMobil plan to sell their shares in the project for the development of the Azeri-

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ExxonMobil and Chevron think about withdrawal from Azeri-Chirag-Gunashli project in Azerbaijan

ExxonMobil and Chevron have planned to sell their shares in the Azeri-Chirag-Gunashli block in the Azerbaijani sector of the Caspian Sea.

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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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KPO Consortium to invest $5 billion in future development of Karachaganak field - Ministry of Energy of Kazakhstan

The Karachaganak Petroleum Operating Consortium (KPO, the consortium includes Eni, Shell, Chevron, LUKOIL, and KazMunaiGas) has committed to implement investment projects for the future development

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Oil transportation via BTC in increased slightly in H1 2018

The volume of oil pumping through the Baku-Tbilisi-Ceyhan (BTC) pipeline in the first half of 2018 amounted to 16 million 552 thousand tons, which is 0.4% higher than the same period of 2017, Inter

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In May oil export via CPC terminal increased by 8.6% - up to 5.3 million tons

In May 2018 the volume of oil exports through the terminal of the Caspian Pipeline Consortium (CPC) increased by 8.6% - to 5.29 million tons compared to the same period of last year.

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Oil production at the ACG block was conducted from 115 wells in 2017

Oil production at the Azeri-Chirag-Guneshli (ACG) block in 2017 was carried out from 115 production wells, the press service of the Azerbaijan International Operating Company (AIOC-operator for the

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