BP secures $1 billion from Apollo for a 25% TANAP stake, unlocking capital while maintaining influence in the Azerbaijan-Turkiye pipeline. Closing is expected in Q2 2025.

BP and Apollo have finalised agreements for Apollo-managed funds to acquire a 25% non-controlling stake in BP Pipelines ...

BP, SOCAR, and NewMed Energy have signed a licensing agreement to explore for natural gas offshore Israel, marking BP's entry ...

BAKU, Azerbaijan, March 27. Baghdad has granted final approval for bp’s contract to invest in the redevelopment of major oil ...

BAKU, Azerbaijan, March 25. Kirkland & Ellis is advising Apollo-managed funds on their acquisition of a non-controlling stake ...

Apollo Funds invest ~$1 billion for non-controlling shareholding in BP Pipelines (TANAP), which holds bp’s 12% interest in ...

BP has struck a $1-billion deal to sell 25% of its stake in a pipeline taking gas from Azerbaijan to Turkey to New ...

TANAP is a bp subsidiary that holds a 12 per cent interest in TANAP, the owner and operator of the Trans-Anatolian Natural ...

Azerbaijan state oil and gas firm Socar, and Israeli company NewMed Energy (OTCPK:DKDRF) signed a licensing agreement to ...

BP (BP) has been awarded a license to explore for natural gas in Israeli waters along with Azerbaijan state oil company Socar ...

The Shah Deniz project, developed in two phases, has been a cornerstone of Azerbaijan’s gas exports since 2007. The second phase has further expanded production, with BP launching a 48-slot ...