Türkiye’s TPAO joins Shafag-Asiman project with SOCAR and bp, strengthening regional energy partnership

Azernews.Az

3 June 2025 16:22 (UTC+04:00)

Akbar Novruz

In a major step towards deepening regional energy cooperation, Türkiye Petrolleri (TPAO) has officially joined the Production Sharing Agreement (PSA) for the Shafag-Asiman offshore block in Azerbaijan’s Caspian Sea sector. The agreement, signed today during Baku Energy Week, brings together bp, the State Oil Company of Azerbaijan (SOCAR), and TPAO in a strategic partnership to accelerate the evaluation and potential development of this promising hydrocarbon asset, Azernews reports.

Access to paid information is limited

Find the plan that suits you best.

1 month subscription

Full digital access to all news for 1 month

1.00₼

Select

3 months subscription

Full digital access to all news for 3 months

2.00₼

Select

-33%

6 months subscription

Full digital access to all news for 6 months

3.84₼

Select

-36%

1 year subscription

Full digital access to all news for 1 year

7.10₼

Select

-41%

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!