BAKU, Azerbaijan, August 13. In the first half of 2025, the Shah Deniz field of Azerbaijan produced around 14 billion ...

Shah Deniz gas and condensate field development and the Sangachal Terminal, is pleased to announce the award of two major ...

Shah-Deniz-Stage News: Subsea Construction Vessel Launched In Azerbaijan, Caspian Sea Shipyard Wins BP Exploration SCV Contract, Azeri Shipyard, BP Sign Vessel ...

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.

BP reported its most important oil and gas discovery in more than 20 years, an offshore find in Brazil that could change the ...

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 ...

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 ...

Shah Deniz participating interests are: bp (operator – 29.99%), SGC (21.02%), LUKOIL (19.99%), TPAO (19.00%) and NICO (10.00%). In 2023, bp and its co-venturers spent around $2,194 million in ...

The Shah Deniz fields have more than 1 trillion cubic metres of gas in place, according to BP's website. BP holds a 25.5 percent stake in the consortium, as does Norway's Statoil.

In 2020, Shah Deniz spent more than $1 billion in operating expenditure and $942 million in capital expenditure. As such, the opex on Shah Deniz rose by 100 percent, while capex dropped by 27.8 ...

BAKU, March 12 (Reuters) - Partners in Shah Deniz are drawing up plans for the third development stage of the major gas project after 2025, expecting to reach peak output at about 25 billion cubic ...