15:39 - 7.08.2025
August 7, Fineko/abc.az. In the 1st half of 2025, close to $1.754 million were spent on activities at gas condensate field Shah Deniz.
ABC.AZ informs with reference to BP’s report on the results of the 1st half of this year that approx. $1.282 billion was spent on operating costs and around $472 million on capital expenditures for Shah Deniz. The vast majority of those expenses accounted for project Shah Deniz 2.
"In the 1st half of the year, gas supplies from Shah Deniz continued to the markets of Azerbaijan (SOCAR), Georgia (GOGC), Turkey (BOTAŞ), for numerous BTC facilities and to buyers in Europe," the report says.
In the first 6 months of the year, about 14 billion standard cubic meters of gas and close to 2 million tons (nearly 16 million barrels) of condensate were extracted at the field from platforms Shah Deniz Alpha and Shah Deniz Bravo.
The production capacity of the existing facilities of Shah Deniz field currently stands at about 77.2 million standard cubic meters per day (nearly 28.2 bcm a year).
Work carried out within Shah Deniz 2 continues to be the main workload of vessel ‘Khankendi’.
"During the first 6 months of the year, the drilling rig of platform Shah Deniz Alpha was in reactivation mode.
Drilling rigs ‘Istiglal’ and ‘Heydar Aliyev’ continued to work on wells within Shah Deniz 2.
In total, 22 wells were drilled at Shah Deniz 2 field. These are five wells on the northern flank of the field, five wells on the western flank, four wells on the eastern–southern flank, five wells on the southwestern flank and three wells on the eastern-northern flank.
The equity stakes in Shah Deniz Project are as follows: BP (operator – 29.99%), Lukoil (19.99%), TPAO (19.00%), Southern Gas Corridor (16.02%), NIKO (10.00%), MVM (5%).
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