British BP has released its report on the results of the first half of 2015.
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Lukoil Overseas Shah Deniz Ltd, a fully-owned Lukoil Private Joint Stock Company's subsidiary, has signed a 12-year credit-facility agreement with a consortium of banks to borrow $1 billion.
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Danish Maersk Drilling Company has been awarded a five-year contract extension for the semi-submersible Heydar Aliyev rig with BP Exploration (Shah Deniz) Limited acting as Operator of the Shah Deniz field in the Azerbaijani sector of the Caspian Sea.
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Azerbaijan's state oil fund SOFAZ has earned $113.33 billion from 2001 to June 1, 2015 by developing the giant Azeri-Chirag-Gunashli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea.
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Azerbaijan’s state oil fund SOFAZ has earned $2.12 billion since 2007 by implementing the project of the giant Shah Deniz oil and gas condensate field in the Azerbaijani sector of the Caspian Sea.
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Azerbaijan produced over 3 billion cubic meters of gas from its giant Shah Deniz field in the Caspian Sea in 2014.
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The Shah Deniz consortium has awarded two new contracts as part of overall progress of the second stage of development of Azerbaijan's giant Shah Deniz field in the Azerbaijani sector of the Caspian Sea.
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The average daily volume of gas production at Azerbaijan’s giant Shah Deniz gas condensate field in the Caspian Sea has reached 28 million cubic meters, a source at Azerbaijan’s state energy company SOCAR told Trend Agency on November 14.
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The reason behind French Total Company’s decision to withdraw from a project on the development of Azerbaijan’s giant Shah Deniz gas condensate field in the Caspian Sea was a mismatch between the development concept of the field and the interests of the company, National Business quoted Total’s Head of Exploration and Development Arnaud Breuillac as saying.
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Azerbaijan's state oil fund SOFAZ has made $107.254 billion of profit in a 13-year period from 2001 to October 1, 2014 by implementing the project of developing the giant Azeri-Chirag-Gunashli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea.
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