Shah Deniz | Oil & Gas Feed

The revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the “Shah Deniz” field in the Azerbaijani sector of the Caspian Sea amounted to 244 million 69 thousand dollars in January-May 2024, this is 691 million 685 thousand dollars, or 3.8 times less than in the same period of 2023, SOFAZ reported. The share […]

Uzbekneftegaz, a state-owned holding company of Uzbekistan’s oil and gas industry, may join the Shah Deniz gas condensate project on the Azerbaijani Caspian shelf, Uzbek Minister of Investment, Industry and Trade Laziz Kudratov told reporters on the sidelines of the 2nd Azerbaijan-Uzbekistan Interregional Forum in Guba, Trend reports. “We are inviting Socar (the State Oil Company of […]

Shah Deniz 2 has safely achieved another major milestone by starting up production from the East North flank of the Shah Deniz field. Production from the East-North flank commenced on 13 February 2024 following the successful completion of all related offshore construction and commissioning works. The newly-started East North flank consists of five wells, two […]

BP-Azerbaijan produced 26 bcm of gas from the “Shah Deniz” field in the Azerbaijani sector of the Caspian Sea in 2023, by 4% higher than in 2022. About 35 million barrels of condensate (over 4 million tons) were also produced from the “Shah Deniz” field in 2023,  by 2.8% lower than in 2022, a report […]

In the first half of 2023, BP-Azerbaijan produced 13 bcm of gas from the “Shah Deniz” field in the Azerbaijani sector of the Caspian Sea,...

In 2022, about 25 bsm of gas and more than 4 million tons (about 36 million barrels) of condensate were produced from the Shah Deniz...

In January-August 2022, revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the implementation of the “Shah Deniz” gas project amounted to $1 148...