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

The project involves installation of a new compression facility – an electrically-powered unmanned compression platform, or ...

By Cavid Aga in Ankara BP has deepened its presence in Azerbaijan’s offshore oil and gas sector with two major moves: ...

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

The BP Plc-led Shah Deniz 2 natural gas project will cost $28 billion, up from the previous estimate of $25 billion, Trend news service said today, citing State Oil Co. of Azerbaijan President ...

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

European Union leaders consider connecting Azerbaijan’s Shah Deniz natural gas field to Southern Europe to be a step toward the strategic goal of diversifying Europe’s natural gas supply.

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

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

BUDAPEST, June 5 (Reuters) - Hungarian state-owned energy conglomerate MVM will buy a 5% stake in Azerbaijan's Shah Deniz gas field, it said in a statement on Wednesday. Hungary, a landlocked ...