AZERBAIJAN > UK based BP to starts up landmark Shah Deniz 2 development in Azerbaijan

bp-logo The largest subsea infrastructure operated by BP worldwide, the Shah Deniz 2 gas development in Azerbaijan is a $28 billion project which was announced by BP and its partners to start, including its first commercial gas delivery to Turkey. BP is also starting for the Southern Gas Corridor series of pipelines that will deliver gas from the Caspian Sea direct More …

UAE > BP acquires Abu Dhabi Oil Field Stake for $2.2 bn

bp-logo British oil and gas company BP acquires Abu Dhabi Oil Field Stake in a deal worth $2.2 bn. This visionary acquisition will help BP secure new reserves and production for the next decade. After the deal Chief Executive Officer of BP, Bob Dudley said, “It’s time for BP to start growing” as the company starts to recover from the catastrophic oil spill in Gulf More …