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In the meantime. other foreign companies are welcome to discuss their interest in the gas field.
Read More »Foreign Countries in Talks to Develop Farzad-B Gas Field
Baker Hughes Reports 6 Drilling Rigs Taken Offline
The rig count now stands at 940 overall. with four oil rigs and two natural gas rigs removed.
Read More »Statoil Ventures into New Territory with Argentina Deal
As a consideration. Statoil will fund 100% of the cost of certain future activities in the block.
Read More »SOCAR Launches Platform at Azerbaijani Offshore Field
In 2016. SOCAR produced 7.52 million tons of oil from Azerbaijan’s offshore and onshore fields. as compared to 8.16 million tons in 2015.
Read More »BP: Shah Deniz Stage 2 Completed by Over 95%
The construction and commissioning of the subsea construction vessel (SCV) ``Khankendi`` are progressing well at the Baku Shipyard.
Read More »Second Oil Spill Reported in Kuwait’s Ras Al-Zour Waters
Experts from Saudi Arabian Chevron and Oil Spill Response Limited have joined the effort to clean up after the leak.
Read More »SOCAR to Drill 8 Additional Wells at Offshore Field
SOCAR produced 3.71 million tons of oil from Azerbaijan’s offshore and onshore fields in January-June 2017. as compared to 3.78 million tons in the same period of 2016.
Read More »Shell Adds LNG Bunker-Supply Capacity in Europe with Charter and New Vessel
LNG as a marine fuel has an important role to play in the future energy mix
Read More »Maersk Oil on the Rise even as Drilling Battles Tough Market
Maersk Oil exploration costs are now expected to be below the 2016 level’s of $223million.
Read More »BP Adds More Gas to Global Markets with Projects in Australia and Trinidad
The London-based company has completed 5 of its 7 planned new projects for the year.
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