BP reported that Azerbaijan’s Shah Deniz field produced around 14 billion standard cubic metres of gas and about 2 million ...

Global energy giant BP announced what it calls a “significant discovery” — its biggest oil and gas field find of the 21st ...

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

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.

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 ...

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

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 ...

The two remaining partners in Shah Deniz — Turkey 's TPAO and National Iranian Oil Company — opted out of increasing their project stakes of 19% and 10%, respectively.

Shah Deniz reserves are estimated at 1.2 trillion cubic meters of gas. The contract to develop the offshore Shah Deniz field was signed on June 4, 1996. Participants to the agreement are: BP (operator ...

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.