BP, Socar team up in Caspian shallow-water

British supermajor BP and Azeri state oil company Socar have agreed to team up on the exploration and development of the shallow-water area of the Absheron peninsula in the Azeri sector of the Caspian Sea.

Caspian co-operation: Duo agrees joint effort in Caspian shallow-water
Caspian co-operation: Duo agrees joint effort in Caspian shallow-water
Published 22 December 2014, 16:48Updated 11 October 2016, 15:25