The addendum is for the Azeri-Chirag fields and the deepwater portion of the Gunashli field (ACG) in the Azerbaijan sector of ...

MOL Group and its Joint Venture (JV) partners signed commercial agreements for the development of gas reserves in Azerbaijan.

SOCAR (State Oil Company of Azerbaijan Republic) and UK oil major BP have signed a memorandum of understanding (MoU) to ...

The non-associated gas resources at ACG are believed to be significant, with up to 4 Tcf in place, according to ONGC Videsh.

Business - MOL Group and its Joint Venture (JV) partners signed commercial agreements for the development of gas reserves in ...

Under the document, which was signed by SOCAR president Rovshan Najaf and MOL Oil and Gas CEO Zsolt Hernadi, "the companies will cooperate on further increasing hydrocarbon production in Azerbaijan," ...

BAKU. Sept 23 (Interfax) - State Oil Company of the Azerbaijani Republic (SOCAR) and BP plc have signed a memorandum of understanding on two projects in the Caspian Sea: the Karabagh oil field and ...

The share price surged following ONGC Videsh's signing of an addendum with SOCAR, BP, and six other partners for Azerbaijan's ...

The European Union's underground gas storage levels have exceeded 93.5%, nearing 104 billion cubic meters, according to Gas ...

Kirkland & Ellis and Freshfields Bruckhaus Deringer are guiding the $1bn acquisition of a stake in BP Pipelines TAP by Apollo ...

Hungary's MOL and its joint venture partners have signed commercial agreements for the development of gas reserves in Azerbaijan, the oil and gas company said ...

Initial gas production from two priority reservoirs is anticipated in 2025, following the drilling of an exploratory well.