Capital expenditures on Azeri-Chirag-Gunashli reach over $700 million from Jan. through June 2022

The operating expenses on Azeri-Chirag-Gunashli (ACG) reached about $229 million, while capital expenditures - $791 million in the first half of 2022.

The implementation of the Azeri Central East (ACE) project continued as planned in the first half of the year, in parallel with other projects, the contractor of which is BP, BP told APA.

The entire scope of work on the ACE project was successfully completed during preventive maintenance on the East Azeri platform. Some 75 per cent of the ACE project was completed by the end of the second quarter.