BP TO PRODUCE OVER 6 MILLION TONS OF CRUDE IN 2004

04.05.2004 [11:14]
BP-Azerbaijan plans to extract 125 thousand barrels of oil daily to increase the production to 6,2 million tons by late 2004, president of BP-Azerbaijan David Woodward told AzerTAj correspondent.
According ...

HELIPAD UNDERGOES RECONSTRUCTION

01.05.2004 [21:56]
The helipad located near “Pirallakhi” island which servicing helicopters carrying offshore oilmen to “Oil Stones” and ”Chilov” island and directly to underwater jackets has undergone an extensive refurbishment. Construction works ...

BP AWARDED LOCAL PLANTS

01.05.2004 [19:34]
BP awarded the Baki Fahlasi Machine-Building Plant, a contract to perform integrity inspection of diesel tankers necessary for the onshore commissioning of CA turbines.
“Bearing in mind the high criticality ...

1,3 BLN CUBIC METERS OF GAS PRODUCED IN FIRST QUARTER 2004

28.04.2004 [16:39]
About 1,3 bln cubic meters of natural gas was produced in the first quarter of 2004, AzerTAj correspondent learnt from State Oil Company / SOCAR/.
Over 1 bln cubic meters ...

JOINT VENTURES AND OPERATING COMPANIES PRODUCE 76,7 THOUSAND TONS OF OIL

27.04.2004 [21:10]
Joint ventures and operating companies functioning on the contract basis have produced 76,7 thousand tons oil offshore against 63,3 thousand, thereby, fulfilling the monthly forecasts by 121,2%, AzerTAj correspondent learnt ...

“GARASU” OUTSTRIPS PRODUCTION TARGETS

27.04.2004 [18:46]
The operating company “Garasu” has produced 1901 tons of oil higher than scheduled, State Oil Company of Azerbaijan reports. The company produced 41642 tons (120,4 percent) of oil in the ...

“BP-AZERBAIJAN” AND OSI-AF INK CONTRACT

27.04.2004 [12:31]
“BP Azerbaijan” and Open Society Institute – Assistance Foundation /OSI-AF/ have sealed a contract, which is to coordinate the monitoring of laying the main export pipeline Baku-Tbilisi-Ceyhan through NGOs in ...

THERE IS NO OPEC'S FAULT IN HIGH OIL PRICES

24.04.2004 [17:27]
As learned AzerTAj from Reuters agency, Saudi Oil Minister Ali al-Naimi said on Thursday, that OPEC was committed to meeting the needs of oil consumers regardless of output quotas, adding ...

KAZAKHSTAN AND CHINA TO SIGN AGREEMENT ON CONSTRUCTION OF OIL PIPELINE

23.04.2004 [19:45]
The leaders of Kazakhstan and China will sign an agreement in May on construction of a new oil pipeline, said Kazakh Foreign Minister Kasymzhomart Tokayev in a press conference on ...

RUSSIAN MP’S CONFIRMS LAW ON INCREASING TAXES OIL COMPANIES

23.04.2004 [19:34]
As AzerTAj learned from ITAR-TASS agency, the Russian parliament’s lower house passed on Friday the government’s draft law increasing taxes on super profits of oil companies.
The State Duma voted ...

FRANCE, ITALY CONTEMPLATING INVOLVEMENT IN UKRAINIAN GAS CONSORTIUM

23.04.2004 [19:33]
Russian President Vladimir Putin has reported that negotiations are underway with French and Italian companies over their possible involvement in an international gas consortium to run Ukraine's gas transportation system. ...

JOINT-VENTURE “ANSHAD PETROL” FULFILLS 131,8% GAS PRODUCTION FORECAST

22.04.2004 [21:29]
Within March 2004, a Joint-venture “Anshad Petrol” extracted from “Neftchala”, “Khilli” and other fields 2 mln 451 thousand cubic meters of natural gas exceeding monthly forecast by 131,8%.
The Joint ...

LUKOIL'S OIL AND GAS RESERVES ROSE

21.04.2004 [12:41]
Oil major LUKoil's oil and gas reserves rose 4 percent in 2003 to 20.06 billion barrels of oil equivalent from 19.3 billion a year earlier, the energy giant said on ...

BP-AZERBAIJAN SPENT $76 MILLION

19.04.2004 [15:34]
Main operator of Azerbaijan International Operating Company / AIOC/ - bp-Azerbaijan spent 76 mln dollars last year in frame of the project “Azeri-Chirag-Guneshli”.
$ 60 mln falls to the share ...

CONSTRUCTION IN TURKY UNDERWAY

17.04.2004 [21:47]
Construction of the pipeline in the territory of Turkey is successfully continuing , President of bp-Azerbaijan David Woodward said updating media on the results - welded pipes 30% and the ...

FOR EXAMINATION BTC WORK’S IN GEORGIA

15.04.2004 [20:40]
SOCAR (Azerbaijani state oil company) president Natiq Aliyev and British Petroleum Azerbaijan's president David Woodward have paid joint visit to Georgia.
The two oil chiefs have examined the construction ...

OVER 90 MLN CUBIC METERS OF GAS PRODUCED IN “CHIRAG” FIELD

15.04.2004 [20:16]
Azerbaijan International Operating Company /AIOC/ produced 90,9 mln cubic meters of natural gas in “Chirag” field exceeding the prognosis by 13,9 mln cubic meters of gas or 118,1%.
For ...

WORK IN $130 MLN realized IN AZERBAIJAN section of BTC

13.04.2004 [22:54]
$130 mln has been already spent for Azerbaijan section of the Baku-Tbilisi-Ceyhan main export pipeline up to now.
The sum approximately makes up 40% of the funds envisaged for ...

NEW OIL WELL DRILLED ON “NORTHERN NAFTALAN” STRUCTURE

13.04.2004 [22:54]
Exploration drilling department “Gobustan” drills new well with depth 3200 m on prospect structure “Northern Naftalan”, AzerTAj correspondent learnt from oil and gas production department of State Oil Company. 2875m ...