Azerbaijan plans to sign a new contract with BP next week on development of the giant Azeri-Chirag-Guneshli (ACG) oilfields that will run until 2050.

UAE Oil Giant Adnoc Makes First Major Global Gas Deal with Azeri Buy Adnoc to take 30% stake in Absheron gas field in Caspian Sea TotalEnergies, Socar each selling 15% in Absheron to Adnoc ...

Exxon Mobil has relaunched the sale of its stake in Azerbaijan's largest oilfield, the company said on Tuesday, as banking and industry sources said the move was drawing interest from large Asian ...

India's Oil and Natural Gas Corporation (ONGC) announced that its international arm ONGC Videsh has acquired a 0.615% participating interest in the Azeri Chirag Gunashli (ACG) oilfield from ...

ONGC Videsh said in a statement on Friday that it will pay up to $60 million to the Norwegian company to grab a 0.615% shareholding in the BP-led offshore oil development, Azeri-Chirag-Gunashli ...

BAKU (Reuters) -Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP is expected to buy ...

Exxon Mobil Corporation (NYSE:XOM) already owns stakes in Azerbaijan's flagship Azeri-Chirag-Gunashli oilfield, and the Baku-Tbilisi-Ceyhan pipeline, which transports Caspian crude to Turkey and ...

BP's <BP.L> stake in Azerbaijan's vast oilfields is expected to shrink under a new production-sharing agreement with state energy company SOCAR, two industry sources familiar with the talks told ...