On June 3, 2025, a final investment decision has been reached by the Shah Deniz consortium for the expansion of the Shah ...

BP, leading the consortium that owns the Shah Deniz gas field in the Azeri Caspian Sea, announced a $2.9 billion investment decision on Tuesday to increase the project’s production capacity. In a ...

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

BP boosts investment in Azerbaijan Caspian Sea projects Reuters. Published: 03 June ,2025: 12:33 PM GST Updated: 03 June ,2025: 12:33 PM GST. Read Mode. 100% Font Size ...

BAKU, Azerbaijan, May 14. bp, operating major oil and gas exploration, development, and transportation projects in Azerbaijan for 33 years, together with its partners, has invested more than $87 ...

BP boosts investment in Azerbaijan Caspian Sea projects The owners of the Shah Deniz gas field in the Azeri Caspian Sea led by BP made a final decision to invest $2.9 billion in expanding output ...

A final investment agreement was signed for the 240 MW Shafag 11 Solar Power Plant at the 30th Caspian Oil and Gas exhibition in Baku. This deal, which was signed between BP p.l.c.

In BP’s release, Gordon Birrell, the company’s EVP of production and operations, said, “we are deeply proud of the long and successful partnership that BP has built with Azerbaijan over more ...

BAKU, Azerbaijan, June 2. The shareholders of Shafag (Jabrayil) Solar Limited (SJSL), a joint venture between bp, SOCAR Green, an ...

BP vice president Gordon Birrell also told journalists that the group aimed to begin oil production at Azerbaijan's Karabakh offshore field, which SOCAR says has reserves of 50-60 million tons, in ...

Invezz.com - BP (LON: BP), leading the consortium that owns the Shah Deniz gas field in the Azeri Caspian Sea, announced a $2.9 billion investment decision on Tuesday to increase the project’s ...

BP has been a key player in Azerbaijan's oil and gas industry for more than 30 years. Credit: Igor Hotinsky/Shutterstock. · Offshore Technology · Igor Hotinsky/Shutterstock.