BP is considering increasing its investments in the Azerbaijani sector of the Caspian Sea, according to Russell Morris, BP's Vice President for Wells in the Azerbaijan-Georgia-Türkiye (AGT) region.
Speaking at the IADC Drilling Caspian 2025 exhibition-conference in Baku, Morris emphasized the company's continued commitment to project development in the Caspian Sea while maintaining a strong operational pace.
He noted that while production from the ACG block of fields is naturally declining, the Shah Deniz facilities remain fully operational. Additionally, BP is planning new projects that will create further investment opportunities in Azerbaijan’s Caspian region.
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BP has announced that a seismic survey programme for the Ashrafi–Dan Ulduzu–Aypara (ADUA) project in the Azerbaijani sector of the Caspian Sea will be carried out between February and April next year, according to Report.
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.
One U.S. crew member has been rescued after two American warplanes were downed over Iran and the Gulf, as the search continues for a missing pilot, while President Donald Trump has given Tehran 48 hours to agree to a deal to end the war.
The U.N. Security Council is expected to vote next week on a Bahraini resolution to reopen the Strait of Hormuz and protect commercial shipping, diplomats said on Friday, amid opposition from China to any authorisation of force.
One crew member from a U.S. warplane shot down over Iran has been rescued, U.S. officials said, as a search continues for a second crew member.
The U.S. rescued an airman missing from one of two warplanes downed in Iran, two U.S. officials said, as President Donald Trump and Israel stepped up pressure on Iran to open the strategic Strait of Hormuz or face attacks on energy facilities.
The family of the late Virginia Giuffre have urged King Charles III to meet survivors of sexual abuse during his upcoming state visit to the United States.
The U.S. rescued an airman missing from one of two warplanes downed in Iran, two U.S. officials said, as President Donald Trump and Israel stepped up pressure on Iran to open the strategic Strait of Hormuz or face attacks on energy facilities.
Israeli airstrikes on the town of Kfar Hatta in Lebanon have reportedly killed six people and injured two, according to Lebanese media.
The United States rescued an airman caught behind lines after Iran shot down his F-15 fighter jet, the U.S. government said early on Sunday (5 April), resolving a major crisis for President Donald Trump with the war on Iran in its sixth week.
India has purchased crude oil from Iran for the first time in seven years, as supply disruptions in the Middle East threaten global energy markets.
Switzerland has introduced new visa requirements for Georgian diplomatic and service passport holders, highlighting growing tensions between Georgia and its European partners.
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