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Largest offshore facility ever built in Baku sails away
AMEC, the international engineering and project management company, and its partners in the AMEC-Tekfen-Azfen (ATA) consortium, today celebrated the successful completion and sail-away of the latest Chirag Oil Project topsides for Azerbaijan International Oil Company (AIOC).

date.png14 Sep 2013 20:56 | comments.png 0 Comments | tags.png amec azerbaijan bp c-asia engineering services [ More ]

New well commissioned on Darvin Bankasy field
The well #664 from the platform #670 has been recently commissioned after completion of drilling works on Darvin Bankasy field.

date.png13 Apr 2013 05:53 | comments.png 0 Comments | tags.png azerbaijan c-asia socar upstream [ More ]

2.4 mln tons of Azerbaijani oil transported via BTC in March 2013
2 mln 438 thousand 660 tons of Azerbaijani oil was transported via BTC main export pipeline in March 2013.

date.png13 Apr 2013 05:51 | comments.png 0 Comments | tags.png azerbaijan btc c-asia pipeline [ More ]

Shah Deniz Begins Evaluating Final Gas Transportation Offers
The Shah Deniz consortium has begun evaluating final offers it has received from the Nabucco Gas Pipeline International and Trans Adriatic Pipeline (TAP) for transportation of Shah Deniz Stage 2 gas to Europe. The submissions allow the Shah Deniz consortium to conduct the final evaluation of each of the transportation options and make an informed decision on the preferred export route to Europe. The final decision on the European pipeline is expected to be made by end of June 2013.

date.png04 Apr 2013 12:46 | comments.png 0 Comments | tags.png azerbaijan bp c-asia caspian pipeline socar upstream [ More ]

Hess Closes Sale of Interest in ACG Fields to ONGC Videsh
Hess Corporation (NYSE: HES) announced today it has completed the sale of its 2.72 percent interest in the Azeri, Chirag and Guneshli Fields (ACG) and its 2.36 percent interest in the associated BTC pipeline to ONGC Videsh Ltd. for $1 billion. Adjusting for net cash flow received since the Jan. 1, 2012 effective date of sale, after tax net proceeds are $884 million.

date.png29 Mar 2013 07:00 | comments.png 0 Comments | tags.png azerbaijan c-asia deals hess ongc upstream [ More ]

Nabucco shareholders, potential investors, Shah Deniz consortium sign Joint Declaration
On January 10, a ministerial meeting on Nabucco project was held in Sofia, Bulgaria. Representatives of Shah Deniz and Nabucco projects, governments of Bulgaria, Romania, Hungary, Turkey and Austria, as well as European Investment Bank, European Bank for Reconstruction and Development and European Commission participated at the meeting.

date.png15 Jan 2013 06:52 | comments.png 0 Comments | tags.png azerbaijan europe pipeline socar [ More ]

New well commissioned on Gunashli field
SOCAR has commissioned the well #306 from the platform #14 on Gunashli field in the Azerbaijani sector of the Caspian Sea. It was drilled to Fasila Suite by the order of 28 May Oil and Gas Processing Department.

date.png21 Dec 2012 22:53 | comments.png 0 Comments | tags.png azerbaijan c-asia socar upstream [ More ]

Azerbaijan Crude oil export for November 2012
SOCAR Marketing and Economic Operations Department exported 174 thousand 287 tons of crude oil from the Novorossiysk Port, 242 thousand 319 tons of crude oil from the Supsa Port, and 1 million 461 thousand 109 tons of crude oil from the Ceyhan Port in November 2012.

date.png05 Dec 2012 13:47 | comments.png 0 Comments | tags.png azerbaijan c-asia upstream [ More ]

Two wells commissioned after total overhaul on Oil Rocks field
Oil Rocks field plays an important role in oil and gas industry of the country. New wells are drilled, as well as idling ones are commissioned there after taking necessary technical measures.For instance, Oil Rocks OGPD, operating the field, takes significant steps in this direction.

date.png01 Dec 2012 08:20 | comments.png 0 Comments | tags.png azerbaijan c-asia socar upstream [ More ]

2.3 mln tons of Azerbaijani oil transported via BTC in September 2012
2 mln 261 thousand 957 tons of Azerbaijani oil was transported via BTC main export pipeline in September 2012.

date.png10 Oct 2012 18:59 | comments.png 0 Comments | tags.png azerbaijan btc c-asia pipeline socar [ More ]
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