Shah Deniz-2 drilling plans announced

Shah Deniz-2 drilling plans announced Drillings of new test wells and boreholes as part of the second stage of the Azerbaijani Shah Deniz offshore gas condensate field development is not allowed until authorisation of the second phase, a source in the oil and gas market told Trend news agency on Monday. Currently work on the SDX-07а test well drilling is being carried out, the source said. “The second phase involves a multi-billion dollar... Read More

BP official: Shah Deniz won`t get caught up in Iran sanctions

BP official: Shah Deniz won`t get caught up in Iran sanctions The project on developing Azerbaijan’s Shah Deniz natural gas field doesn’t expect to get caught up in any potential sanctions on Iran, BP Shah Deniz Development’s Marketing Manager Steve Garlick said Wednesday, The Wall Street Journal reported. “There is at the moment an exemption, whether this exemption holds remains to be see,” Garlick said at the European Gas... Read More