BP Azerbaijan has announced plans to build a new compression platform at the Shah Deniz gas field to optimize production, company spokesperson Tamam Bayatly confirmed in a press briefing.
The platform will capture low-pressure gas from specific reservoir layers within the offshore field and transport it to the Sangachal terminal for processing. “This will be a completely new facility dedicated to enhancing gas recovery from sections of Shah Deniz that require specialized extraction,” Bayatly stated.
Iraq and oil major BP, opens new tab signed a deal to redevelop four Kirkuk oil and gas fields, Iraq's state news agency reported on Tuesday.
Last year, approximately $1.83 billion was spent on operations at the Azeri-Chirag-Gunashli (ACG) oil and gas field block, according to BP's annual report on its activities in Azerbaijan.
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations.
BP aims to join the Karabakh oil field project in Azerbaijan by 2025, with negotiations underway to finalize terms with SOCAR for this strategic offshore development.
The agreement could be signed by Kyiv and Washington as early as Friday, according to one report.
A series of blasts and the sound of airplanes flying low were heard over the Syrian capital, Damascus, late on Tuesday, residents of the city and Reuters reporters there said.
Sections of an elevated highway under construction collapsed on Tuesday in Cheonan, South Korea.
Three friends from Spain are reviving a 500-year-old Andalusian Muslim tradition by traveling on horseback to Mecca for Hajj.
U.S. electric vehicle giant Tesla experienced a dramatic drop in European sales in January, with a year-on-year decline of 45.2%, according to data from the European Automobile Manufacturers' Association (ACEA).
A recent discovery has revealed that ancient artifacts from the Treasure of Villena were crafted using metal from meteorites, offering new insights into early metalworking techniques in the Iberian Peninsula.
Polish startup Clone Robotics has unveiled Protoclone, the world’s first anatomically accurate humanoid robot, featuring artificial muscles, bones, and joints that enable lifelike movements.
Berlin, February 21, 2025 – German citizens will head to the polls on Sunday, February 23, for a snap general election after the coalition government collapsed late last year.
U.S. President Donald Trump has wasted no time in his second term, making sweeping changes across domestic and foreign policy in just four weeks. His administration has aggressively reshaped federal agencies, redefined trade policy, frozen foreign aid, and taken bold steps in global diplomacy.
A series of blasts and the sound of airplanes flying low were heard over the Syrian capital, Damascus, late on Tuesday, residents of the city and Reuters reporters there said.
Three friends from Spain are reviving a 500-year-old Andalusian Muslim tradition by traveling on horseback to Mecca for Hajj.
Alibaba announced on Tuesday that it will release an open-source version of its video and image-generating AI model, Wan 2.1, as part of its ongoing efforts to foster innovation and collaboration within the AI community.
The Council of European Union has appointed Mr Eduards Stiprais as new EU Special Representative for Central Asia. He will take up his duties on 1 March 2025 with an initial mandate of 2 years, succeeding Terhi Hakala.
The agreement could be signed by Kyiv and Washington as early as Friday, according to one report.
A series of blasts and the sound of airplanes flying low were heard over the Syrian capital, Damascus, late on Tuesday, residents of the city and Reuters reporters there said.
Sections of an elevated highway under construction collapsed on Tuesday in Cheonan, South Korea.
Three friends from Spain are reviving a 500-year-old Andalusian Muslim tradition by traveling on horseback to Mecca for Hajj.
U.S. electric vehicle giant Tesla experienced a dramatic drop in European sales in January, with a year-on-year decline of 45.2%, according to data from the European Automobile Manufacturers' Association (ACEA).
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