Azeri-Chirag-Deepwater Gunashli

Azeri-Chirag-Deepwater Gunashli (ACG) field located about 100km east of Baku is the largest oilfield in the Azerbaijan sector of the Caspian basin.

This year Azerbaijan and BP together with its covertures are celebrating 20th anniversary of “Contract of the Century”. 20 years is a period long enough to summarize the achievements of our successful partnership.   

The Agreement signed in September 20, 1994 in Baku by the Government of Azerbaijan and  international oil companies representing six countries has embarked on a new oil strategy, the implementation of which has created a rapid period of development and the transformation of the country into a major global energy supplier changing the energy map of Europe was a starting point of development of ACG.  

The field is operated by BP on behalf of the Azerbaijan International Operating Company (AIOC). AIOC formed in February 1995 comprises nine partner companies and includes BP as the largest single shareholder.

Located about 100 km east of Baku ACG is a complex of 6 production platforms: Chirag 1, Central Azeri, West Azeri, East Azeri, Deepwater Gunashli, West Chirag and 2 process, gas compression, water injection and utilities (PCWU) platforms equipped with latest technologies. A sophisticated web of subsea pipelines was laid at the bottom of the Caspian Sea to transport oil from offshore to Sangachal Terminal one of the biggest and most efficient terminals in the world, which can receive and process up to 1.2 million barrels of oil per day.

OUR CO-VENTURERS ON ACG

35.8%

11.6%

11.3%

11%

8.6%

8%

6.8%

4.3%

2.7%