(IN BRIEF) MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement covering Azerbaijan’s Shamakhi-Gobustan regions, reinforcing their strategic energy partnership. MOL is expected to act as operator with a 65% share, while SOCAR … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged ACG field, Azerbaijan, Baku Energy Forum, BTC pipeline, Central Europe energy, energy security, Hungarian-Azerbaijani relations, hydrocarbon development, INA Rijeka, MOL Group, MOL refineries, onshore oil exploration, partnership, production sharing agreement, Rovshan Najaf, Shamakhi-Gobustan, Slovnaft Bratislava, SOCAR, strategic partnership, sustainability, upstream oil, Zsolt Hernádi
(IN BRIEF) Equinor has signed an agreement to sell all its remaining assets in Azerbaijan to SOCAR (State Oil Company of Azerbaijan Republic). These assets include stakes in the Azeri Chirag Gunashli (ACG) oil fields, the Baku-Tbilisi-Ceyhan (BTC) pipeline, and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Norway
Tagged ACG, Azerbaijan, Azeri Chirag Gunashli, Baku-Tbilisi-Ceyhan, BP, divestment, Equinor, oil fields, Philippe Mathieu, Rovshan Najaf, SOCAR
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