CORPORATE STRATEGY

BP Takes On Europe's Caspian Gas Challenge

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  • Almost 30 years after it signed the Contract of the Century for the Azeri-Chirag-Guneshli (ACG) oil fields off Azerbaijan, BP's production growth in the country is being driven by gas.
  • Results from ongoing drilling campaigns will give some indication of just how much Caspian gas the UK major will be able to supply to a fuel-hungry Europe.
  • Azerbaijan ticks important boxes for BP as a country where it is well established and has made significant investments in infrastructure.

The Issue

Topics:
Gas Supply, Corporate Strategy , Offshore Oil and Gas, Conventional Oil and Gas
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