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Shah Deniz Gas Compression Project

Sector: Oil and Gas • Location: Azerbaijan

Source: Upstream Online

Project
Planned

BP and its partners have approved a $2.9 billion gas compression project on the Shah Deniz field offshore Azerbaijan. This third phase of development involves installing a new unmanned compression platform to access and produce low-pressure gas, boosting recovery rates and extending the field's production life. The project is expected to produce an additional 50 billion cubic metres of gas and 25

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Project Information

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The project “Shah Deniz Gas Compression Project” is an infrastructure initiative in the Oil and Gas sector, located in Azerbaijan. Taiyo aggregates data on it from Upstream Online.

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Participants

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Planned

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Description

Description

BP and its partners have approved a $2.9 billion gas compression project on the Shah Deniz field offshore Azerbaijan. This third phase of development involves installing a new unmanned compression platform to access and produce low-pressure gas, boosting recovery rates and extending the field's production life. The project is expected to produce an additional 50 billion cubic metres of gas and 25 million barrels of condensate, with first gas anticipated in 2029, supplying Europe via a pipeline through Turkey.

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Source reliability

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More Details

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