Itochu

Azerbaijani-German joint venture Turan Drilling & Engineering becomes BP contractor for projects in Azerbaijan, cost of contract - $500 million

The British company BP has signed a contract for drilling wells and design and engineering work in the Azerbaijani sector of the Caspian Sea worth $500 million, the press service of the company sai

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Gazprom and Itochu to work together in the framework of the "Baltic LNG".

Gazprom and the Japanese Itochu Corporation have set out to work together in the framework of the Baltic LNG project.

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Japanese Itochu to establish activities in the oil and gas sector of Uzbekistan.

The Japanese Itochu Corporation may invest into methanol to olefins (MTO) processing projects in Uzbekistan, the press service of Uzbekneftegaz reports.

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In 2019, AIOC to increase oil production at ACG block by 2%

Oil production at the Azeri-Chirag-Guneshli fields block (ACG) will be 30.9 million tons in 2019.

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Oil transportation via BTC in increased slightly in H1 2018

The volume of oil pumping through the Baku-Tbilisi-Ceyhan (BTC) pipeline in the first half of 2018 amounted to 16 million 552 thousand tons, which is 0.4% higher than the same period of 2017, Inter

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Oil production at the ACG block was conducted from 115 wells in 2017

Oil production at the Azeri-Chirag-Guneshli (ACG) block in 2017 was carried out from 115 production wells, the press service of the Azerbaijan International Operating Company (AIOC-operator for the

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Azerbaijan to receive first tranche of the bonus for extension of the development of the Azeri-Chirag-Gunashli oil block as early as 2018

In 2018 Azerbaijan will receive the first tranche of the bonus from a consortium of foreign investors for the extension of the contract for the development of the Azeri-Chirag-Guneshli (ACG) oil fi

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As of December 1 Azerbaijan extracted 250 million tons of profitable oil from Azeri-Chirag-Gyuneshli - SOCAR

As of December 1st, 2017 the total volume of Azerbaijan's profitable oil, produced so far from the Azeri-Chirag-Guneshli (AChG) fields block, was 250 million tons, Khoshbakht Yusifzadeh, SOCAR

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Mechel signs a long-term contract for the supply of coal from the Japanese ITOCHU Corporation.

In accordance with the agreement, within a year Mechel will send "Itochu Corporation" up to 300 thousand tons of enriched steam coal from the "Olzherasskaya-Novaya" mine to the

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Itochu interested in expanding cooperation with SOCAR

Japanese corporation Itochu is interested in expansion of the cooperation with the Azerbaijani state-owned company SOCAR, Chief Executive Officer of Itochu Masahiro Imai said at the meeting with SO

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