BP's New Offshore Platform in Azerbaijan Goes Operational

BP plc (BP) , a global leader in the energy sector, has announced the commencement of oil production from its latest offshore platform, Azeri Central East (“ACE”), located offshore Azerbaijan. This marks the inauguration of BP's seventh offshore platform at the Azeri-Chirag-Gunashli (“ACG”) field in the Caspian Sea.The ACG field, which kickstarted its production journey in 1997, has been a pillar in Azerbaijan's oil industry, contributing more than 4.3 billion barrels of oil to date. However, the country's ...