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TAP’s shareholding is comprised of BP (20 percent). SOCAR (20 percent). Snam S.p.A. (20 percent). Fluxys (19 percent). Enagás (16 percent) and Axpo (5 percent).
Read More »TANAP Construction Completed by Over 80%
Azerbaijan`s SOCAR Seeks 25 pct Share in Deal with BP on Oil Fields
Under a new draft agreement SOCAR’s share would rise to 25 percent from 11.65 percent.
Read More »BP Files for New York IPO of Pipeline Assets
The move comes as BP re-evaluates its portfolio in the wake of a dramatic slump in oil prices three years ago.
Read More »BP Enters South American Venture with Argentina’s Bridas
The two companies will be represented by four board directors each. sharing nomination rights for senior executives.
Read More »Azerbaijan. BP Extend Deal for Caspian Oil Field Until 2050
In the first half of 2017. the ACG field production averaged 585000 bpd from the six platforms.
Read More »BP Launches New Vessel for Shah Deniz Stage 2 Project
BP stated that the crane is capable of placing 750t subsea structures as far as 600m below sea level.
Read More »Oil. Gas to Be Big Part of Energy Mix for Decades to Come
BP is a global energy company with wide reach across the world’s energy system.
Read More »France`s Total to Invest $2bn in Qatar`s Al-Shaheen Oilfield after Stake Award
State-owned Qatar Petroleum (QP) will keep the remaining 70 percent in the new joint venture for the Al-Shaheen field.
Read More »Total to Sell Its Interest in Gina Krog Oil Field
Total had announced earlier in August that it would acquire Maersk Oil for $5 billion. bolstering its position among the world'.s largest oil companies.
Read More »Iran Will Export Gas to Basra Soon
Iran (34 trillion cubic meters) and Russia (32.6 tcm) hold the largest proven gas reserves.
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