bp, partners invest over $100 million in Azerbaijan's social projects

bp has invested over $111 million in social projects, including those led by its partners in joint ventures since the beginning of its activity in Azerbaijan.

Such a statement was made during an event marking the completion of the second phase of bp’s social investment project aimed at developing highly skilled local workers in Azerbaijan, Caliber.Az reports citing the local media.

The project is part of bp’s commitment to contributing to Azerbaijan’s sustainable future by building local expertise and world-class skills.

Due to the success of the initiative, 14 out of 15 participants supported by bp in the first phase were admitted to prestigious international universities. As a result, the project has been expanded in its second phase to support 22 talented young Azerbaijanis.

bp first arrived in Azerbaijan and opened its first office in Baku in June 1992. Over the past years, in partnership with the Government of Azerbaijan and co-venturers, bp-operated world-class projects – Azeri-Chirag-Gunashli (ACG), Shah Deniz and Baku-Tbilisi-Ceyhan (BTC) – have contributed to the development of the Caspian Sea as a modern hydrocarbon province. These have been remarkable years accompanied by numerous unique and significant milestones based on safe, responsible and efficient operations.