BP

BP to consult Bashneft concerning oil loss at Ufa refineries

Bashneft (part of Rosneft) has attracted BP Exploration Operating Company Limited, a subsidiary of BP in Russia, to provide consulting services for hydrocarbon losses at the production sites of Ufa

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In January-September, BP-Azerbaijan reduced gas production from the Shah-Deniz field by 7.5%

In January-September 2017, BP-Azerbaijan extracted 7.4 billion cubic meters of gas from the Shah-Deniz field, which is by 7.5% less than in the same period of 2016, the company reports.

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BP-Azerbaijan: project of extension of export gas pipeline in Azerbaijan and Georgia for Shah-Deniz’s gas is 98% completed

The work on the extension of the South Caucasus Pipeline in Azerbaijan and Georgia has been 98% fulfilled, the press centre of BP-Azerbaijan informs.

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In the first 9 months, AIOC increased supplies of associated gas to SOCAR by 22%

The Azerbaijani International Operating Company (AIOC, operator for the development of the Azeri-Chirag-Gunashli block) supplied 2.4 billion cubic meters of gas to SOCAR in January-September 2017,

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Works on implementation of stage-2 of the Shah-Deniz field development are 97% completed

Works on the implementation of stage-2 of the Shah-Deniz field development have been 97% completed, regional president of BP for Azerbaijan, Georgia and Turkey Gary Jones told journalists on Wednes

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BP hopes to sign contract with SOCAR on development of promising block D230 in the Caspian Sea by 2018

BP has counted to sign a contract with SOCAR to explore the promising block D230 at Northern Absheron in the Azerbaijani sector of the Caspian Sea by the end of 2017, regional president of BP for A

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I.Aliev signs contract for prolongation of Azeri-Chirag-Gunashli block development till 2050

Azerbaijani President Ilham Aliyev has approved a contract for the extension of the Azeri, Chirag and deepwater Guneshli fields development until 2050.

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In the first 9 months, Rosneft provided for a third of BP’s production

In January-September 2017, share of Rosneft in the BP’s production of hydrocarbons made up 31.8%, it follows from the BP report.

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In Q3, BP’s net profit from participation in Rosneft grew 1.5 times

In the third quarter of 2017, the net profit of BP increased by 9.2% compared to the same period last year and amounted to $1.769 billion, the company reports.

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BP and partners invest tens of billions of dollars into Azerbaijan.

BP and its partners invested $ 36.87 billion in their projects in Azerbaijan from 2012 to 2016,

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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