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.
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Shell has denied reports that it is in talks to acquire BP in a historic £60 billion deal, despite ongoing market speculation about a potential merger between the two oil giants.
bp, in collaboration with its partners, has signed a series of agreements to strengthen and expand its significant oil and gas interests in Azerbaijan.
bp, SOCAR and TPAO today signed several agreements enabling TPAO to join the production sharing agreement (PSA) for the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian Sea.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Iran has lifted all remaining airspace restrictions imposed during its 12-day conflict with Israel, restoring full domestic and international flight operations.
Hamas on Saturday firmly denied that it was willing to disarm, contradicting remarks made by U.S. Special Envoy to the Middle East Steve Witkoff during his meeting with Israeli hostage families in Tel Aviv.
Around 250,000 tonnes of freight were transported via the Baku–Tbilisi–Kars (BTK) railway in the first seven months of this year. The information was disclosed to journalists by Kadir Bozan, Chairman of the Kars Chamber of Commerce and Industry.
Kazakhstan's economy expanded by 5% in 2024, outpacing the earlier forecast of 4.8%, according to the Ministry of National Economy.
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