BP-led consortium commits $2.9 billion to expand Azerbaijan's Shah Deniz field to access low-pressure gas reserves in the ...

Hungarian state-owned energy group MVM has secured a 5% stake in the next phase of Azerbaijan’s flagship Shah Deniz gas field ...

BP (NYSE:BP) said Tuesday the Shah Deniz consortium took a final investment decision to spend $2.9B to advance the new Shah ...

The move paves the way for growth and further production while strengthening BP’s collaboration with the country and state ...

The Shah Deniz consortium today announced it has taken the final investment decision (FID) for the new Shah Deniz Compression ...

BP pointed out in its release that the Shah Deniz Compression project is valued at $2.9 billion and that the company operates ...

The Shah Deniz consortium has officially sanctioned the Final Investment Decision (FID) for the Shah Deniz Compression (SDC) ...

The Absheron field is located on the Caspian shelf, 100 kilometers southeast of Baku and 25 kilometers northeast of the Shah ...

BP advances development in Azerbaijan with $2.9B project for Shah Deniz gas field and gains access to new exploration blocks during Baku Energy Week.

The investment will be utilized for the new Shah Deniz Compression project, the next development phase of this gas field. BP holds operational control of the Shah Deniz project in Azerbaijan.