ACG operating expenditures drop about 12% in 2022 

In 2022, bp spent about $470 million in operating expenditure and $1,624 million in capital expenditure on ACG (Azeri-Chirag-Deepwater Guneshli) activities, respectively, down 11.8%, or $63 million, and 2.17%, or $36 million, from the previous year, Report informs, citing bp-Azerbaijan.

ACG participating interests are: bp (30.37%), SOCAR (25.0%), MOL (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), ONGCVidesh (2.31%).