Tag: Azerbaijan

Anglo Asian Mining announces major copper discovery at Xarxar deposit, Azerbaijan

businessnewstoday- February 21, 2024

Anglo Asian Mining plc, a prominent AIM-listed gold, copper, and silver producer with operations in Azerbaijan, recently unveiled the completion of its maiden JORC (2012) ... Read More

UAE’s Masdar and Azerbaijan embark on 1GW clean energy projects

businessnewstoday- October 30, 2023

Abu Dhabi Future Energy Company (Masdar), a major force in the global clean energy sector from the UAE, has inked pivotal agreements to develop solar ... Read More

Absheron Gas Field : ADNOC, SOCAR, and TotalEnergies announce strategic transaction

businessnewstoday- August 5, 2023

The Abu Dhabi National Oil Company (ADNOC) is set to acquire a 30% equity stake in the producing Absheron gas and condensate field located in ... Read More

TotalEnergies, SOCAR commence production from Absheron field in Caspian Sea

businessnewstoday- July 11, 2023

TotalEnergies and its partner, the State Oil Company of the Republic of Azerbaijan (SOCAR), have announced the commencement of production from the first phase of ... Read More

Shah Deniz compression project : SOCAR-KBR wins contract for unmanned compression platform

businessnewstoday- November 19, 2022

KBR said that SOCAR-KBR, the company’s joint venture (JV) with SOCAR, has won a contract pertaining to the Shah Deniz compression project, offshore Azerbaijan. The ... Read More

Shah-Deniz gas project : Lukoil wraps up $1.45bn deal to increase stake by 10%

businessnewstoday- February 21, 2022

PJSC Lukoil has wrapped up the previously announced $1.45 billion acquisition of an additional 9.99% stake in the Shah-Deniz gas project, offshore Azerbaijan from Petronas. ... Read More

Shah Deniz gas project : Lukoil to increase stake in $2.25bn deal

businessnewstoday- October 10, 2021

Lukoil signed a deal worth $2.25 billion with Malaysian oil and gas company Petronas for acquiring an additional stake of 15.5% in the Shah Deniz ... Read More

Expro bags 4-yr contract extension from BP for Shah Deniz Stage 2 project

businessnewstoday- November 19, 2018

UK-based oilfield services company Expro has secured a four-year contract extension from BP for the $28 billion Shah Deniz Stage 2 project offshore Azerbaijan as ... Read More