BP weighs substantial new gas investment at Azerbaijan's ACG field

BP is carrying out more drilling at the Azeri-Chirag-Gunashli field and may develop further gas production there, Giovanni Cristofoli, BP’s regional president for Azerbaijan, Georgia and Turkey, told reporters June 2. “We’ve got another well coming up soon, and then we’re going to look at the data, and potentially that could lead to a multi-billion-dollar investment with the gas underneath the ACGBP is carrying out more drilling at the Azeri-Chirag-Gunashli field and may develop further gas production there, Giovanni Cristofoli, BP’s regional president for Azerbaijan, Georgia and Turkey, told reporters June 2. “We’ve got another well coming up soon, and then we’re going to look at the data, and potentially that could lead to a multi-billion-dollar investment with the gas underneath the ACGRead More