In 2025, bp and its co-venturers spent around $2,315 million in operating expenditure and around $1,087 million in capital expenditure on Shah Deniz activities, the company said in its report for the 2025 full year results.
During the year, the Shah Deniz field continued to provide gas to markets in Azerbaijan (to SOCAR), Georgia (to GOGC), Türkiye (to BOTAS), BTC in multiple locations and to buyers in Europe.
In 2025, the field produced around 27 billion standard cubic metres of gas and about 4 million tonnes (around 32 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms.
The existing Shah Deniz facilities’ production capacity is currently about 77 million standard cubic metres of gas per day or approximately 28 billion standard cubic metres per year.
In the fourth quarter of 2025, Shah Deniz 2 progressed with the subsea execution scope of the remaining wells on the East North flank.
In 2025, the subsea construction vessel Khankendi continued to provide life-of-field support, covering services, surveys, and interventions across all of the Shah Deniz 2 and ACG subsea producing assets. In the fourth quarter, the vessel successfully completed its class survey and general maintenance, which included thruster repairs. During the Khankendi dry dock period, the diving support vessel Tofig Ismayilov took on the first responder role to ensure continuity of operations.
While the Shah Deniz 2 activities, including the delivery of the remaining wells within the project, remain the primary mission for the Khankendi, the vessel is currently involved in a multi-well subsea intervention campaign in the ACG Deepwater Gunashli area supporting early identification of opportunities for pressure management and production rate enhancement of ACG. The campaign uses vessel-based riserless light well intervention system which has been integrated onto the Khankendi to conduct all interventions.
Following the final investment decision in June 2025, the SDC project progressed with the award of several major contracts, including agreements for engineering and procurement support services; topsides construction; jacket fabrication; transportation and installation of the entire SDC platform, as well as the engineering, procurement, construction and installation of subsea structures.
Under these contracts, construction activities have already commenced and are progressing on schedule.
In September, the project marked a key milestone with the First Steel Cut for the SDC platform topsides facilities, following the successful completion of comprehensive quality and safety reviews
The $2.9 billion SDC project is designed to help access and produce low pressure gas reserves in the field and maximize resources recovery. It is expected to enable around 50 billion cubic metres of additional gas and approximately 25 million barrels of additional condensate production and export from the field.
The project involves installation of a new compression facility – an electrically-powered unmanned compression platform, or Normally Unattended Installation (eNUI), and several associated facilities offshore in the Shah Deniz contract area. Additionally, it encompasses brownfield works to be undertaken at the Shah Deniz Alpha (SDA) and Bravo (SDB) platforms, as well as at the Sangachal terminal.
It is expected that the construction of the SDC platform will be completed in 2029 for the facility to be ready to receive first gas for compression from the SDA platform in 2029 and from the SDB platform in 2030.
During the fourth quarter of 2025, the Shah Deniz Alpha platform completed the rig restart and commenced a series of additional perforation activities on SDA wells.
The Shah Deniz 2 project progressed with the wells programme activities using the Istiglal and Heydar Aliyev rigs. During the quarter, the Istiglal rig carried out additional perforation work on the SDG03 well and started log and tieback run activities on the SDD05 well on the West flank. The Heydar Aliyev rig continued drilling the SDH05 well on the East North flank.
In total, 23 wells have been drilled for Shah Deniz 2 to date. These include five wells on the North flank, five wells on the West flank, four wells on the East South flank, five wells on the West South flank and four wells on the East North flank.
