Azeri-Chirag-Guneshli

BP: West Chirag platform resumes its operation

BP as the operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field advises that as part of its ACG annual work program it has successfully completed planned maintenance (turnaround) on the West Chirag platform in the Caspian …

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Azerbaijan celebrates 25th year of Contract of the Century

The Azeri-Chirag-Gunashli (ACG) partnership today celebrated the 25th anniversary of the ACG production sharing agreement, signed on 20 September 1994 between the Government of Azerbaijan and eleven international companies representing eight …

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BP plans to drill six new wells in Azerbaijan

BP plans to drill six wells in Azerbaijan within the next two years, BP Regional President for Azerbaijan, Georgia and Turkey Gary Jones said at a meeting on the results of 2018 and plans 2019. According to him, BP has …

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 Azerbaijan approves 'Contract of 21st Century'

Azerbaijan's President Ilham Aliyev approved the 'Contract of the Century' to extend the development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields until 2050, the official website of the …

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LUKOIL increases production in the Caspian Sea

One of Russia’s biggest oil companies has completed drilling its eighth well in the Caspian Sea. Lukoil is now waiting to turn on the tap for the additional resources that will be unleashed from the Vladimir Filanovsky field, put in …

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OPEC forecasts Azerbaijan's oil production decline

OPEC has published a report which predicts that Azerbaijan will continue the trend of oil production decline.  So, in 2020 it will amount to 0.7 million barrels a day and 0.6 million barrels a day by 2014. In 2015. The cartel …

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BP halts production of Chirag platform

BP as the operator of the Azeri-Chirag-Guneshli field development project implemented a planned facility shut down of the Chirag platform. The production from the Chirag platform will be suspended for about 25 days to enable …

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