BP is one of the world's leading international oil and gas companies. The company opened its office in Baku in 1992. Two years later BP and the consortium of international oil companies signed a major contract with the government of Azerbaijan. The company operates two production sharing agreements, Azeri Chirag Guneshli oil field (on behalf of the Azerbaijan International Operating Company (AIOC) and one of the world's largest gas-condensate fields Shah Deniz. In addition, BP leads the consortium of Baku-Tbilisi-Ceyhan (BTC) oil pipeline project and is the technical operator of the South Caucasus gas pipeline (SCP).
"As operator of Azerbaijan's world-class oil and gas fields, we take pride in our safety and environmental record in the Caspian. For 20 years, we have been the country's reliable partner in developing its huge oil and gas resources for the benefit of the people of Azerbaijan and our partners. We have built an excellent partnership with the people, the government, SOCAR, and other stakeholders. The current focus is to develop Shah Deniz Stage 2 with plans to produce an additional 16 billion cubic meters per annum (bcma) of gas to supply regional and European markets. This project is well advanced and with the final investment decision planned for later in 2013, we aim to get the first gas to the markets in 2018. Stage 2, with its total planned capital investment of approximately $40 billion, is currently one of the largest projects anywhere in the world and definitely the largest in BP's worldwide portfolio. I strongly believe that Shah Deniz has a potential for a Stage 3 and even further developments." says Gordon Birrell, BP Regional President for Azerbaijan, Georgia, and Turkey.
Talking about educational initiatives and programmes of BP in Azerbaijan, he has underlined that for many years BP operated a training facility in Baku that has enabled to train technicians who are running company's complex offshore and onshore operations. In September 2012, BP launched a training program for geoscientists, and surface and drilling engineers. This multi-million dollar initiative called the petro-technical resource entry program is aimed at the capability development of national petro-technical graduates joining BP.
Gordon Birrell BP Regional President for Azerbaijan, Georgia & Turkey,
“I think a comparison of the 2013 state budget with that of 10 years ago describes the changes in Azerbaijan’s economic development over the last decade more than anything else.
The government has approved a record high state budget – almost US$25 Billion for 2013. This is huge for a nation of just over 9 million.
Economically, Azerbaijan has been developing at an amazingly fast pace.
It is very encouraging to see the GDP increase was also sourced from non-oil sector growth, which means the country is skilfully shifting its growth leverages to the non-oil sector.
As Azerbaijan`s long term oil and gas development partner, we are pleased to observe that the country is gaining increased recognition as a major contributor to European cultural and sporting events. Azerbaijan was elected as the host country for the first European Olympic Games for 2015”