BP plans to expand its investment opportunities in the Caspian region, said Russell Morrice, BP's vice president wells, Azerbaijan, Georgia and Türkiye region, at the "IADC Drilling Caspian 2025" drilling conference held in Baku, APA-Economics reports.
“We continue to actively develop the Caspian region, maintaining a high pace of work. Currently, the ACG field block is experiencing a natural decline in production, while the potential of Shah Deniz is being fully utilized.
We also plan to launch new projects that will allow us to expand investment opportunities in the Caspian region,” Russell Morrice noted.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
