Turkey Partners With Socar and BP in Azeri Caspian Sea Gas Field

Turkey Partners With Socar and BP in Azeri Caspian Sea Gas Field

Turkey’s state energy firm TPAO will sign a partnership deal with UK-based supermajor BP and with Azerbaijan’s state oil and gas company Socar for the development of a natural gas field in the Azeri sector of the Caspian Sea, Turkish Energy Minister Alparslan Bayraktar said on Monday. The Turkish state energy firm TPAO will sign on Tuesday an agreement with BP and Socar for the Shafag-Asiman field, the Turkish energy ministry said on Monday. BP …

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 from the project, BP said on Tuesday.

TPAO joins SOCAR and BP

TPAO has joined production-sharing agreement (PSA) with Azerbaijan's SOCAR and BP for the Shafaq-Asiman offshore block in the Caspian Sea.

Turkey buys 30% stake in Azerbaijan gas field

State-owned Turkish Petroleum Corporation (TPAO) has reportedly acquired a 30 percent stake in a natural gas field off the coast of Azerbaijan. The other partners are the State Oil Company of the Republic of Azerbaijan (Socar) and British energy major BP, Daily Sabah newspaper reported, quoting energy and natural resources minister Alparslan Bayraktar at the Baku energy week conference. The Shafag-Asiman offshore block is located 125km southeast…

Erdoğan hails energy ties with Baku, lauds pipeline delivering 40 pct of Israeli crude oil imports - Turkish Minute

Erdoğan praised his country's growing energy partnership with #Azerbaijan, highlighting infrastructure projects such as the Baku-Tbilisi-Ceyhan pipeline, which also delivers roughly 40 percent of #Israel’s crude oil imports

TPAO Acquires 30% Stake in Azerbaijan’s Shafag-Asiman Natural Gas Field

BAKU — Turkey’s Energy and Natural Resources Minister Alparslan Bayraktar announced that the Turkish Petroleum Corporation (TPAO) will acquire a 30% stake in the Shafag-Asiman natural gas field located in the Azerbaijani sector of the Caspian Sea. Speaking to reporters during his visit to Baku for the 30th Caspian Oil and Gas Exhibition, Bayraktar stated that productive discussions were held with Azerbaijani President Ilham Aliyev as part of the…