Posts Tagged ‘SOCAR)’

Socar and BP kick off Trans Anatolian Natural Gas Pipeline construction

Socar and BP award TANAP EPCM to WorleyParsons The State Oil Company of Azerbaijan (Socar), and its partners, BP from UK, the Turkish State-owned company Boru Hatlari Ile Petrol Tasima Anonim Sirketi (Botas), awarded the engineering, procurement and construction management (EPCM) five years contract to the Australian-based engineering company WorleyParsons […]

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BP and Socar to boost Azerbaijan ACG Full Field Development

BP recommends AIOC to add platforms before 2021 As the operator of the Azeri-Chirag-Gunashli (ACG) oil field in the Caspian Sea of Azerbaijan, Azerbaijan, BP shared with his partners, the State Oil Company of Azerbaijan (Socar), Inpex, Chevron, ExxonMobil, Statoil, TPAO, Itochu and ONGC Videsh, in the Azerbaijan International Operating Company […]

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BP, Socar, Statoil and Total make decision in Azerbaijan Shah Deniz

Shah Deniz Stage-2 to go for Full Field Development The London-based BP and its partners, Statoil from Norway, the State Oil Company of Azerbaijan (SOCAR), Total from France, Lukoil from Russia, the National Iran Oil Company (NIOC), and Türkiye Petrolleri Anonim Ortaklığı (TPAO) from Turkey, have made the final investment decision […]

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Socar awards contracts for new Azerbaijan Ammonia Plant

Haldor Topsoe wins Socar Sumgayit Ammonia Licence The national State Oil Company of Azerbaijan Republic (Socar) selected the Danish catalysis expert Haldor Topsoe to provide its first integrated fertilizer project in Azerbaijan with its ammonia technology. With a budget of $650 million capital expenditure, the Republic of Azerbaijan has made […]

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Sinopec starts giant Batan PT West Point Terminal project in Indonesia

Will Sinopec trigger Indonesia new refineries projects? The world largest refining company Sinopec from China has decided to build the largest oil storage terminal in Southeast Asia at the Batam Free Trade Zone in Indonesia. With a storage capacity of 16 million barrels of crude oil and refined products Sinopec is […]

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One Day – One Country: Azerbaijan

Azerbaijan Key Projects and Business Highlights With giant projects such as Azeri-Chirag-Guneshli (ACG), the Baku-Tbilisi-Ceyhan (BTC) pipeline, and the Shah Deniz Phase-2, Azerbaijan has joined the largest producing countries of natural gas.  The reserves of the Caspian Sea offshore Azerbaijan have attracted all the major companies BP, Inpex, Chevron, Itochu, Hess, Statoil , […]

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Europe to tap Azerbaijan natural gas through Trans-Adriatic Pipeline

Shah Deniz-2 partners selected TAP over Nabucco The Shah Deniz-2 partners, BP from UK, Total from France and the State Oil Company of Azerbaijan (SOCAR) have preferred the Trans-Adriatic Pipeline (TAP) project over Nabucco to export their natural gas from Azerbaijan to Europe. At the scale of these giant projects, TAP […]

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SOCAR moves on Oil & Gas Processing and Petrochemical Complex (OGPC) project

KBR wins Azeri OGPC Gas Processing Plant PMC The State Oil Company of Azerbaijan (SOCAR) selected the Houston-based engineering company KBR to provide project management consultancy (PMC) for the front end engineering and design (FEED) of the gas processing plant (GPP) within its Oil & Gas Processing and Petrochemical Complex (OGPC) project […]

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Statoil and SOCAR to increase cooperation in Azerbaijan

Statoil aims at major interests in giant Umid gas field  In January 2013, the Norwegian Foreign Minister Espen Barth Eide supported by Statoil International development and production chief Lars Christian Bacher paid a state visit to Azerbaijan President Ilham Aliyev to promote the Norway national oil company to increase the […]

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BP to increase capital expenditure to $27 billion annually by 2020

BP to focus on crude oil Exploration & Production  UK major BP PLc (BP) is planning to increase its capital expenditure per year from $19 billion in 2011 and $22 billion in 2012 to $24 billion in 2014 and $27 billion by 2020. After Macondo blow and TNK-BP turbulences, BP is […]

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