Babek Offshore Natural Gas Project
Sector: Natural Gas • Location: Azerbaijan
Source: Yahoo Finance UK
BP will become the operator of a large offshore natural gas production project in Azerbaijan, specifically the Babek gas field. The field is estimated to hold around 400 billion cubic metres of gas and 80 million tonnes of condensate. The project, currently part of a SOCAR-led unit, will become a separate project operated by BP. The agreement between Azerbaijan's state energy company SOCAR and BP
- Status
- Prospective
- Sector
- Natural Gas
- Location
- Azerbaijan
- Updated
- 22 Jul 2026
- Source
- Yahoo Finance UK
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | BP will become the operator of a large offshore natural gas production project in Azerbaijan, specifically the Babek gas field. The field is estimated to hold around 400 billion cubic metres of gas and 80 million tonnes of condensate. The project, currently part of a SOCAR-led unit, will become a separate project operated by BP. The agreement between Azerbaijan's state energy company SOCAR and BP is expected to be announced on June 1, 2026. |
Original sector | Energy |
Location
Country | Azerbaijan |
Source
Source | Yahoo Finance UK |
URL |
More Details
Record type | Project |
Sector | Natural Gas |
Article published date | 2026-05-31 |
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