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IS - BP sanctions $6B investment at ACG complex in Azerbaijan - April 2019

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BP and its partners have sanctioned the $6 billion Azeri Central East project, the next stage of the development for the Azeri-Chirag-Gunashli deepwater complex of oil fields in the Azerbaijani sector of the Caspian Sea. The project includes a new offshore platform and facilities designed to process up to an additional 100,000 bo/d, with first production expected in 2023. The partners will build a new 48-slot production, drilling and quarters platform midway between the existing central Azeri and East Azeri platforms in......
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