Azerbaijan, Companies, Oil and Water

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Devon Energy and BP Enter Into $7.0B Property Sales Agreement and Oil Sands Joint Venture

Green Car Congress

MARCH 12, 2010

Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 Devon and BP will also form a heavy oil joint venture to develop BP’s Kirby oil sands leases in Alberta, Canada. billion in cash. BP group chief executive Tony Hayward.

Oil-Sands

Oil-Sands Oil Azerbaijan Mexico

BP starts up Na Kika Phase 3 in ultra-deepwater Gulf Of Mexico

Green Car Congress

FEBRUARY 24, 2014

The first Na Kika Phase 3 well began oil production on 19 February, with a second well expected to start up in the second quarter. Na Kika Phase 3 is BP’s third new major upstream project to begin production so far in 2014, following the earlier start-ups of the Chirag Oil project in Azerbaijan and the Mars B project in the Gulf of Mexico.

Mexico

Mexico Azerbaijan 2003 2014

EV Driven

Devon Energy and BP Enter Into $7.0B Property Sales Agreement and Oil Sands Joint Venture

BP starts up Na Kika Phase 3 in ultra-deepwater Gulf Of Mexico

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