The State Oil Company of Azerbaijan (SOCAR) and Britain's BP company have signed an agreement to conduct geological exploration work in the shallow part of the Absheron archipelago, Khoshbakht Yusifzadeh, the First Vice-President of SOCAR told reporters on June 5, Trend
The construction work on the Trans-Adriatic Pipeline (TAP) will start next year, TAP's Managing Director Kjetil Tungland said on June 4 at the 21st Caspian International Oil & Gas Exhibition in Baku, Azernews has reported.
All tender procedures within the project on construction of the Trans-Anatolian (TANAP) gas pipeline will be completed by late 2014, SOCAR head Rovnag Abdullayev on June 4, Azernews has reported.
Azerbaijan needs new markets for export of its gas, Azerbaijani President Ilham Aliyev told the opening of the 21st International Caspian Oil and Gas exhibition here on June 3, ITAR-TASS has reported.
France's Total and Germany's E.ON plan to withdraw from a pipeline scheme to bring Azerbaijan's gas to Italy, an Azeri official said, as falling Italian demand puts energy projects there into doubt, Vagif Aliyev, SOCAR's investment department head at Azeri SOCAR said in
President of the Republic of Azerbaijan Ilham Aliyev has received the Chief Executive Officer of BP, Robert Dudley, Trend reported on June 4.
Wood Group Kenny (WGK) will provide engineering and project management services for the Subsea Execute phase of the second stage of development of Azerbaijan's giant Shah Deniz field, Azernews has reported.
The Southern Gas Corridor remains the top priority with regard to Europe's energy security and the European Union (EU) will keep supporting its implementation and expansion, Azernews reported on June 3, citing the head of the EU Delegation to Azerbaijan, ambassador Malen
Azerbaijan plays a central part in contributing to the global supply of energy, and over the next two years will become a major supplier of gas to Europe, U.S. President Barack Obama's message says, Trend reported on June 3.
Turkish Petroleum Corporation (TPAO) has increased its share in the project on development of Azerbaijan's giant Shah Deniz field in the Caspian Sea to 19 percent, Azernews said on May 30.