British Petroleum (BP)

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BP intends to upgrade Baku-Supsa oil pipeline

British company BP, the operator of Baku-Supsa oil pipeline, intends to invest 150 million dollars in its modernization and improvement of environmental standards, the report of the Georgian government's administration says. Project …

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BP to increase number of wells in Shah Deniz field

According to a source in the oil and gas market of Azerbaijan, three new wells are planned to be put into operation in the largest Azerbaijani gas condensate field Shah Deniz in the first half of 2016. He noted that the drilling plans …

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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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BP resumes gas production at 'Shah Deniz' field

Yesterday evening the BP company resumed production of natural gas at the largest gas condensate field 'Shah Deniz' in the Azerbaijani sector of the Caspian Sea. Work on the platform was suspended on August 2 in connection with …

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GDP increases in Turkmenistan

The GDP of Turkmenistan grew by 8.7% in January-July 2015, the Ministry for Economy and Development of Turkmenistan says. According to the macroeconomic indices of seven months of the year, the GDP of Turkmenistan remains at the level …

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 BP plans new exploratory drilling at Shafag-Asiman

BP plans the drilling of the first exploratory well at the Shafag-Asiman block of fields in the Azerbaijani sector of the Caspian Sea. “In the first half of 2015 BP completed the interpretation of the seismic ...

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India plans major investments in Iran

After the cancellation of international sanctions from Tehran, India plans to invest in the infrastructure of Iran to gain access to rich resources of the Central Asian states and to open a new way for the supply of its products to Europe. …

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Production from Shah Deniz to be suspended

The production from the Shah Deniz platform will be suspended on August 2-20 to enable maintenance work to be undertaken, the BP company said. This is a planned program and is part of normal operations, a message reads. The planning …

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19th St. Petersburg International Economic Forum opens

The problems of the global economy, attracting foreign investors to Russia, the search for new sources of growth in conditions of western sanctions, anti-crisis measures and issues of monetary policy will be the main topics for discussion on the first day of the 19th Petersburg International Economic Forum (SPIEF).

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Ilham Aliyev receives Lord Mayor of London

President of Azerbaijan Ilham Aliyev has received the Lord Mayor of the City of London, Alan Yarrow.Saying he will attend the International Caspian Oil & Gas Exhibition & Conference Incorporating Refining & Petrochemicals on June 2, Alan Yarrow added that he will address the event on behalf of the British Prime Minister.

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