BP Buys 61 Percent Stake In Azerbaijan’s Gobustan Onshore Project

BP has acquired a 61 percent participating interest in the existing onshore Gobustan PSA (product sharing agreement) in Azerbaijan, BP Azerbaijan said on the 14th September.

 

BP, as operator, plans to drill one exploration well to appraise a potential prospect in the contract area in the second half of 2019, the company said.

 

Source: Rigzone