News

The Shah Deniz field is one of the world's largest natural gas fields, with an annual production of 29 billion cubic metres (bcm), the MVM statement said.
Shah-Deniz News: Esgian Week 23 Report: Semisub Action In Norway, Australia, Pipelayer Blast Injures 14, EIA: Azerbaijan Surges In Natural Gas, Fraser To Head. Wednesday, July 24, 2024.
BP-led consortium commits $2.9 billion to expand Azerbaijan's Shah Deniz field to access low-pressure gas reserves in the field and boost the field's production capacity.
The Shah Deniz Stage 2 project is operating with exceptional safety and efficiency. Currently, production at the Shah Deniz field is at its peak, with strong output expected throughout the year.
Last year, Shah Deniz produced 28B cm of gas and 35M barrels of condensate, said BP (NYSE:BP), which operates the project and owns a 29.9% share; partners include Russia's Lukoil, Turkey's TPAO ...
Discovered in 1999, the Shah Deniz gas-condensate field is among the world’s largest, with estimated reserves of 1 trillion cubic meters of gas and 243 million tons of condensate.
Shah-Deniz-Stage News: Subsea Construction Vessel Launched In Azerbaijan, Caspian Sea Shipyard Wins BP Exploration SCV Contract, Azeri Shipyard, BP Sign Vessel. Tuesday, April 30, 2024.
MOSCOW (MarketWatch) -- The BP PLC-led (BP) consortium developing the Shah Deniz gas field in the Azerbaijani waters of the Caspian sea has resumed production, the news agency ITAR-Tass reported ...
BAKU, June 22 (Reuters) - Energy giant BP said gas output at the Shah Deniz gas field had been reduced since Monday due to power supply problems. "On Monday we observed problems at a few of the ...
Shah Deniz brings spotlight back on to the Caspian Sea — but progress is slow THIS week’s go-ahead by BP and its partners for the second phase of Azerbaijan’s Shah Deniz gas field shines the ...
BP Exploration (Shah Deniz) Ltd. has let an optimization stage engineering services contract to SOCAR-KBR (SKLLC) for the Shah Deniz compression project in the Azerbaijan sector of the Caspian Sea.
BAKU, Azerbaijan, July 10. Work has commenced on the next phase of the Shah Deniz compressor project, bp-Azerbaijan’s Head of Press Service Tamam Bayatlı told Trend. Bayatlı explained that a new ...