Azerbaijan

Latest News and Press Releases

Russia-FSU

RWE Group Signs MoU for Exploration Activities in Azerbaijan

11 March 2010

The RWE Group and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed a memorandum of understanding ...

Russia-FSU

Statoil and Partners Reach Agreement on Chirag Oil Project Development

09 March 2010

An important new step was taken on 9 March to further develop the giant Azeri-Chirag-Gunashli oil field in Azerbaijan wh...

Russia-FSU

Northern Offshore Announces New Contract Award in Azerbaijan

26 November 2009

Northern Offshore, Ltd. announces that its subsidiary, Northern Offshore U.K. Ltd, was awarded a contract with Caspian D...

Russia-FSU

Innovative 5 Year Caspian Sea Deal for Hallin ROVs

20 September 2009

Subsea solutions company Hallin Marine has been awarded a five year contract by Dalgidj Private Company (“Dalgidj...

Russia-FSU

Oceaneering Announces Corrosion and Inspection Management Services Contract Award

06 September 2009

Oceaneering International, Inc. announces that in June it obtained a corrosion and inspection management services contra...

Russia-FSU

BP and SOCAR Sign MOU To Explore New Caspian Acreage

13 July 2009

BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) announced today they have signed a memorandum of unde...

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More Headlines from Azerbaijan

Russia-FSU

RWE Dea Opens Office in Azerbaijan

04 July 2009

“Azerbaijan will play an important role in future in securing Europe’s energy supply”, explained Dr. Manfred Dworatzek, ...

Russia-FSU

GDF SUEZ Announces Offshore Azerbaijan Acquisition

30 June 2009

GDF SUEZ has acquired a 20% stake in the Exploration, Development and Production Sharing Agreement for the Absheron o...

Russia-FSU

Total Signs Exploration, Development and Production Sharing Agreement with SOCAR

27 February 2009

Total has signed an agreement with Azerbaijan’s state-owned SOCAR. The exploration, development and production sharing a...

Russia-FSU

Total Signs Heads of Agreement with SOCAR for the Absheron Area in Azerbaijan

06 June 2008

Total has signed a heads of agreement with Azerbaijan’s state-owned SOCAR, setting out the main terms of a production sh...

Russia-FSU

Deep Water Gunashli Production Begins On Schedule In The Caspian

22 April 2008

The Azerbaijan International Operating Company (AIOC), operated by BP, today announced the start-up of oil production fr...

Russia-FSU

Major Gas Discovery in Azerbaijan’s Shah Deniz Field

15 November 2007

Operator BP has announced a further major new gas-condensate discovery in the Shah Deniz field in the Caspian Sea, in wh...

Russia-FSU

Total Announces Start-up of Commercial Gas Production of the Shah Deniz gas condensate development project, Azerbaijan

18 December 2006

Total announces the start-up of commercial gas production of the Shah Deniz gas condensate development project located i...

Russia-FSU

Azerbaijan’s Shah Deniz Field On Stream

15 December 2006

The Shah Deniz development in Azerbaijan’s sector of the Caspian becomes one of the world’s largest producing gas fields...

Russia-FSU

RussNeft and SOCAR Sign Agreement on the Rehabilitation, Development and Production Sharing For the Zykh and Govsany Block of Oil Fields in Azerbaijan

06 November 2006

OAO Oil and Gas Company RussNeft and SOCAR have signed an agreement on the rehabilitation, development and production sh...

Russia-FSU

East Azeri Oil development in the Caspian Expected to be on Stream by the End of This Year

24 October 2006

East Azeri, part of the Azeri-Chirag-Gunashli (ACG) oil development in the Caspian, is well ahead of schedule and should...

Russia-FSU

East Azeri Deck on the Azeri-Chirag-Gunashli Field Installed

01 August 2006

The East Azeri platform deck on the Azeri-Chirag-Gunashli (ACG) field in the Azerbaijani sector of the Caspian Sea was l...

Russia-FSU

Caspian Oil Line Inaugurated

13 July 2006

The Baku-Tbilisi-Ceyhan (BTC) oil pipeline was officially opened today, 13 July, at its terminus in the Turkish port of ...

Russia-FSU

BTC Pipeline Delivers First Cargo of Azerbaijani Crude Oil to World Markets

09 June 2006

The Baku-Tbilisi- Ceyhan (BTC) pipeline today achieved a historic milestone with the delivery of its first cargo of crud...

Worldwide

First Ship Loads Oil From New Caspian Pipeline

05 June 2006

BP, operator of the Baku-Tblisi-Ceyhan (BTC) pipeline, today announced that the first cargo of oil transported through t...

Russia-FSU

Statoil Report Shah Deniz Production Platform Installed Offshore Azerbaijan

04 May 2006

The gas and condensate production platform for the Shah Deniz field in the Caspian Sea off Azerbaijan has now been insta...