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Azeri–Chirag–Gunashli
Azeri–Chirag–Gunashli (ACG, ) or Azeri–Chirag–Deepwater Gunashli is a complex of oil fields in the Caspian Sea, about off the coast of Azerbaijan. It consists of the Azeri oilfield, Azeri and Chirag oilfield, Chirag oil fields, and the Gunashli oilfield, deepwater portion of the Gunashli oil field. An overall estimate of the area of the development is .''SOCAR website'' Azeri–Chirag–Guneshli It is developed by the Azerbaijan International Operating Company, a consortium of international oil companies, and operated by BP on behalf of the consortium. The ACG fields have estimated recoverable reserves of about of petroleum. Peak oil production of was reached in 2010. However by the first quarter of 2024, production had fallen to , or approximately one-third of peak value, as the production rates moved towards O ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Azerbaijan International Operating Company
Azerbaijan International Operating Company is a consortium formed to implement the terms of the “Agreement on the Joint Development and Production Sharing for the Azeri–Chirag–Gunashli, Azeri and Azeri–Chirag–Gunashli, Chirag Fields and the Azeri–Chirag–Gunashli, Deep Water Portion of the Gunashli Field in the Azerbaijan Sector of the Caspian Sea” signed among SOCAR and international companies. History The consortium was established in February 1995 after the Production sharing agreement, Production Sharing Agreement (PSA) was ratified by National Assembly (Azerbaijan), Parliament of Azerbaijan on December 2, 1994. AIOC initially consisted of 11 companies (BP, Amoco, Unocal Corporation, Unocal, Lukoil, LUKoil, Statoil, Exxon, Türkiye Petrolleri Anonim Ortaklığı, TPAO, Pennzoil, McDermott, Ramco, and Delta Nimir) representing 6 countries (United Kingdom, UK, United States, USA, Russia, Norway, Turkey and Saudi Arabia). BP is the single biggest shareholder. SOCA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Azerbaijan
Azerbaijan, officially the Republic of Azerbaijan, is a Boundaries between the continents, transcontinental and landlocked country at the boundary of West Asia and Eastern Europe. It is a part of the South Caucasus region and is bounded by the Caspian Sea to the east, Russia's republic of Dagestan to the north, Georgia (country), Georgia to the northwest, Armenia and Turkey to the west, and Iran to the south. Baku is the capital and largest city. The territory of what is now Azerbaijan was ruled first by Caucasian Albania and later by various Persian empires. Until the 19th century, it remained part of Qajar Iran, but the Russo-Persian wars of Russo-Persian War (1804–1813), 1804–1813 and Russo-Persian War (1826–1828), 1826–1828 forced the Qajar Empire to cede its Caucasian territories to the Russian Empire; the treaties of Treaty of Gulistan, Gulistan in 1813 and Treaty of Turkmenchay, Turkmenchay in 1828 defined the border between Russia and Iran. The region north o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SOCAR
The State Oil Company of the Republic of Azerbaijan (), largely known by its abbreviation SOCAR, is a fully state-owned national oil and gas company headquartered in Baku, Azerbaijan. The company produces oil and natural gas from onshore and offshore fields in the Azerbaijani segment of the Caspian Sea. It operates the country's only oil refinery, one gas processing plant and runs several oil and gas export pipelines throughout the country. It owns fuel filling station networks under the ''SOCAR'' brand in Azerbaijan, Turkey, Georgia, Ukraine, Romania, Switzerland, and Austria. SOCAR is a major source of income for the authoritarian regime in Azerbaijan. The company is run in an opaque manner, as it has complex webs of contracts and middlemen that have led to the enrichment of the country's ruling elites. History Soviet era Azneft, a business that integrated the Azerbaijani oil industry was created after the Bolshevik Revolution through the nationalization of the Azerbaija ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gunashli Oilfield
Gunashli ( Azerbaijani: ''Günəşli'') is an offshore oil field in the Caspian Sea, located east of Baku, Azerbaijan, southeast of Oil Rocks and its deep water section is a part of the larger Azeri–Chirag–Gunashli (ACG) project. The Azerbaijani translation of ''Gunashli'' means ''"sunny"''. Gunashli is believed to have more than 100 million tonnes of oil reserves. Western shallow water section The portion of Gunashli field which is not in the scope of the ACG project lies in depth of water and developed by State Oil Company of Azerbaijan Republic (SOCAR) while the deep-water section developed by BP within the ACG project is at . The field was explored in 1958–63. The first offshore platform was installed by 1976. Production in this section started in 1982. It consisted of 4 steel jackets for drilling of 10 wells. As per 1980 data, the platform produced 320 tonnes of oil per day. As of 1995, Gunashli was producing of oil. Because of the steadily f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Azeri Oilfield
Azeri ( Azerbaijani: ''Azəri'') is an Azerbaijani offshore oil field in the Caspian Sea, located east of the capital Baku, and is a part of the larger Azeri-Chirag-Guneshli (ACG) project. The Azeri field includes ''Central Azeri'', ''West Azeri'', ''East Azeri'' production platforms compression and water injection platform (C&WP). The field was discovered in 1988, and originally it was named after 26 Baku Commissars. Central Azeri Central Azeri is a production, drilling and quarters (PDQ) platform located in nearly depth of water in the central part of the Azeri field. The platform is constructed to produce approximately . The facilities on Central Azeri include: *a 48-slot PDQ platform *a oil pipeline from the platform to the receiving Sangachal Terminal *a gas pipeline from the platform to Sangachal Terminal. Central Azeri has started its operations in February 2005 West Azeri West Azeri is a production, drilling and quarters (PDQ) platform located in depth of water ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chirag Oilfield
Chirag ( Azerbaijani: ''Çıraq'') is an offshore oil field in the Caspian Sea, located east of Baku, Azerbaijan, and is a part of the larger Azeri-Chirag-Guneshli (ACG) project. The production, drilling and quarters (PDQ) platform ''Chirag 1 (EOP)'' has been in operation since 1997. Chirag 1 has been producing the ''Early Oil'' from the ACG field. ''West Chirag'' is planned as an extension of ACG project. Chirag-1 and Early Oil Project The Early Oil Project (EOP) has averaged between of oil since the start of production. It was recognized as the first large-scale oil project in the Caspian Sea region. The project involved investment of $200 million from big financial institutions such as World Bank's IFC and the EBRD and included development of part of the Chirag oil field, namely refurbishment of an existing Chirag 1 platform, construction of new subsea pipelines, drilling of development and water injection wells; construction of Sangachal Terminal; construction of oil e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baku–Tbilisi–Ceyhan Pipeline
The Baku–Tbilisi–Ceyhan (BTC) pipeline is a long crude oil pipeline from the Azeri–Chirag–Gunashli oil field in the Caspian Sea to the Mediterranean Sea. It connects Baku, the capital of Azerbaijan and Ceyhan, a port on the south-eastern Mediterranean coast of Turkey, via Tbilisi, the capital of Georgia. It is the second-longest oil pipeline in the former Soviet Union, after the Russian Druzhba pipeline. The first oil that was pumped from the Baku end of the pipeline reached Ceyhan on 28 May 2006. History Planning The Caspian Sea lies above one of the world's largest collections of oil and gas fields. As the sea is landlocked, transporting oil to Western markets is complicated. During Soviet times, all transportation routes from the Caspian region were through Russia. The collapse of the Soviet Union inspired a search for new routes. Russia first insisted that the new pipeline should pass through its territory, then declined to participate. In the spring of 1992 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amoco
Amoco ( ) is a brand of filling station, fuel stations operating in the United States and owned by British conglomerate BP since 1998. The Amoco Corporation was an American chemical and petroleum, oil company, founded by Standard Oil Company in 1889 around a oil refinery, refinery in Whiting, Indiana, and was officially the Standard Oil Company of Indiana until 1985. In 1911, it became an independent corporation as part of the break-up of the Standard Oil trust. Incorporated in Indiana, it was headquartered in Chicago. In 1925, Standard Oil of Indiana absorbed the American Oil Company, founded in Baltimore in 1910, and incorporated in 1922, by Louis Blaustein and his son Jacob Blaustein, Jacob. The combined corporation operated or licensed gas stations under both the ''Standard'' name and the ''American'' or ''Amoco'' name (the latter from ''American oil company'') and its logo using these names became a red, white and blue oval with a torch in the center. By the mid-twentiet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trend News Agency
Trend News Agency () is an Azerbaijani news agency which focuses on current affairs in the Caucasus region and Central Asia. The agency is pro-government. History Founded in 1995 as a private media outlet in Azerbaijan, Trend News Agency is a news provider in the Caucasus, Caspian region and the Central Asia. Ilgar Huseynov is the director general of the agency. Trend News Agency produces news in five languages: Azerbaijani, English, Russian, Turkish and Persian. The services provide news of countries and regions by placing more focus on ongoing events in languages appropriate to the specific audiences. Analytical reports and feature articles highlight major political, economic, energy developments and financial articles from the South Caucasus, Iran, Turkey, and Central Asia. Trend's specialized bulletins cover areas covering such sectors as politics, business, oil and gas, transport and logistics, finance and banking in Azerbaijan, Iran, Uzbekistan, Tajikistan, Turkme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supsa
Supsa ( ka, სუფსა) is a Black Sea village in western Georgia with a population of 273 as of 2014. It is located in the Lanchkhuti Municipality, on the river Supsa. It is the terminus of the Western Early Oil pipeline from Azerbaijan and the Caspian Sea oil fields. In 2011 a cement plant was put into operation. There is a railway station (Samtredia–Batumi Batumi (; ka, ბათუმი ), historically Batum or Batoum, is the List of cities and towns in Georgia (country), second-largest city of Georgia (country), Georgia and the capital of the Autonomous Republic of Adjara, located on the coast ... railway) in the village. European route E692 passes Supsa which has a junction with European route E70 near the village. See also * List of ports in Georgia (country) References External links * Ports and harbours of Georgia (country) Populated places in Lanchkhuti Municipality Georgian Black Sea coast Port cities in Asia Port cities in Europe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russia
Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders of Russia, land borders with fourteen countries. Russia is the List of European countries by population, most populous country in Europe and the List of countries and dependencies by population, ninth-most populous country in the world. It is a Urbanization by sovereign state, highly urbanised country, with sixteen of its urban areas having more than 1 million inhabitants. Moscow, the List of metropolitan areas in Europe, most populous metropolitan area in Europe, is the capital and List of cities and towns in Russia by population, largest city of Russia, while Saint Petersburg is its second-largest city and Society and culture in Saint Petersburg, cultural centre. Human settlement on the territory of modern Russia dates back to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unocal
Union Oil Company of California, and its holding company Unocal Corporation, together known as Unocal was a major petroleum explorer and marketer in the late 19th century, through the 20th century, and into the early 21st century. It was headquartered in El Segundo, California, United States. Unocal was involved in domestic and global energy projects. Unocal was one of the key players in the CentGas consortium, which attempted to build the Trans-Afghanistan Pipeline to run from the Caspian area, through Afghanistan, to the Indian Ocean, at a time after the Taliban siege of Kabul in 1996. On August 10, 2005, Unocal merged its entire upstream petroleum business with Chevron and became a wholly-owned subsidiary. Unocal then ceased operations as an independent company, but continues to conduct many operations as Union Oil Company of California, a Chevron company. History The Union Oil Company of California was founded on October 17, 1890, in Santa Paula, California, by Ly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
