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Shafag-Asiman Offshore Gas Field Partnership

Sector: Natural Gas • Location: Baku, Azerbaijan

Source: Daily Sabah

Project
Planned

Türkiye's state energy company TPAO is joining the Shafag-Asiman offshore natural gas field in the Caspian Sea as a partner with Azerbaijan's SOCAR and British energy giant BP. The partnership involves a gas production-sharing agreement to enhance joint production in Azerbaijan. The field is located 125 kilometers southeast of Baku at a depth of 650-800 meters, with the first exploration well dril

Status
Prospective
Sector
Natural Gas, Government
Location
Baku, Azerbaijan
Updated
22 Jul 2026
Source
Daily Sabah

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The project “Shafag-Asiman Offshore Gas Field Partnership” is an infrastructure initiative in the Natural Gas sector, located in Baku, Azerbaijan. Taiyo aggregates data on it from Daily Sabah.

Participants

Sponsoring Agency

Company

Status

Original status

Planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Türkiye's state energy company TPAO is joining the Shafag-Asiman offshore natural gas field in the Caspian Sea as a partner with Azerbaijan's SOCAR and British energy giant BP. The partnership involves a gas production-sharing agreement to enhance joint production in Azerbaijan. The field is located 125 kilometers southeast of Baku at a depth of 650-800 meters, with the first exploration well drilled in 2020. Türkiye has acquired a 30% stake in the project and aims to begin production.

Original sector

Energy

Location

Country

Azerbaijan

City

Baku

Source

Source

Daily Sabah

URL

More Details

Record type

Project

Sector

Natural Gas, Government

Article published date

2025-06-04

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