BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters.

British company bp is planning to explore new oil fields in the Azerbaijani sector of the Caspian Sea, Azernews reports.

Azerbaijan sees the signing of the work program for the I block as a strategic move. This will be SOCAR's first drilling ...

Israel and SOCAR. Israel and Azerbaijan are set to finalize a major natural gas deal delayed by Israel’s war with Hamas. A ...

Upstream depends on being able to display ads on our services in order to finance our journalism.

Good afternoon and happy Thursday, readers! In today’s edition of Daily on Energy, oil and gas are leading the news as Callie ...

Azerbaijan is set to expand its energy strategy beyond the region to the Mediterranean, by taking important steps in Israel.

Under the agreement, the Azerbaijan State Oil Company (SOCAR) will team with British Petroleum (BP) and NewMed Energy, run by Yitzhak Tshuva (NWMD), to search Block I.

As reported, the consortium of SOCAR, NewMed and BP received a license from the Israeli ministry in October 2023 following a tender to conduct these operations in Zone I-6. SOCAR was selected as the ...

Azerbaijan's SOCAR along with Israel's NewMed Energy and British oil and gas company BP win natural gas exploration licenses ...