UK supermajor BP and its partners in the Azeri-Chirag-Guneshli (ACG) development off Azerbaijan are planning to spend another $300 million to install an extra subsea water-injection centre on the deep ...

SOCAR's trust of integrated drilling operations has launched drilling of two wells in offshore oil and gas field "Guneshli", developed by the company independently, SOCAR said. SOCAR's trust of ...

British contractor Amec has been confirmed as the winner of a conceptual engineering contract for the deep-water Guneshli project in the Caspian Sea. The $17 million contract covers the planned $3.5 ...

Japan Oil Engineering Co. (JOE), a subsidiary of AOC Holdings Inc., will provide consulting services for a project funded by the World Bank to reduce flaring of associated gas from Azerbaijan's ...

The SOCAR leadership has adopted the repair program of the Guneshli field platforms, the project has been prepared by the scientific- research institute Morneftegazprom, the SOCAR told Trend . Oil is ...

Azerbaijan’s state-run oil company SOCAR will produce another 43,800 tons of oil and around 3.65 million cubic meters (129 million cubic feet) of gas per year after it commissioned a new well on the ...

Hess Corp. reported it will sell its 2.72% interest in the Azeri, Chirag, and Guneshli (ACG) fields in Azerbaijan and its 2.36% interest in the associated Baku–Tbilisi–Ceyhan (BTC) pipeline to India’s ...

BAKU, Sept 26 (Reuters) - A fire broke out at one well of Azerbaijan's Guneshli oil field during maintenance works on Monday, Azerbaijan's state energy company SOCAR said in a statement. The accident ...

BAKU (Reuters) - For the survivors of a lifeboat which hung between a blazing oil rig and 10-meter waves on a wind-lashed sea, the horror lives on while the search for the comrades they saw die is not ...

The BP-led Azerbaijan International Operating Company (AIOC) on 14 February announced that Phase 1 of its Azeri-Chirag-Guneshli Full Field Development (ACG-FFD) program – the Central Azeri oilfield— ...

Gas blowout resulted in fire outbreak in a well of Guneshli offshore field in Azerbaijan, 69 people were evacuated BAKU, September 26. /TASS/. Gas blowout resulted in fire outbreak in a well of ...

Azerbaijan has finally extinguished a blaze at an offshore oil rig in the Caspian Sea which caught fire nearly two weeks ago, averting "a major oil spill", officials said Thursday. "The fire at all ...