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BP Halts Shah Deniz Output After Pipeline Issue in Caspian Sea
SESea(SE) ZACKS·2025-01-13 12:17

BP plc (BP) a leading energy company headquartered in the United Kingdom, has temporarily halted production at its Shah Deniz Alpha (SDA) platform in the Caspian Sea due to a pipeline malfunction. This disruption has coincided with Azerbaijan's suspension of natural gas supplies to Serbia and Bulgaria, raising questions about the interconnectedness of these developments.On Jan. 10, BP’s affiliate in Azerbaijan confirmed the shutdown of the SDA platform, citing technical issues with a subsea pipeline transpo ...