euronews | BP-led group extends Azeri oil 'contract of the century' Reuters The fields produce 585,000 barrels per day, accounting for three quarters of the Azerbaijan's oil output, but production is expected to rise as the partners could invest up to $32 billion in the next 32 years, according to a statement. “There are still ... BP CEO says renewed Azeri oil field contract profitable at current oil prices Oil prices expected to stay in a range of $50-$60, says BP CEO ACG contract extension pivotal for Azerbaijani oil sector's post-2024 outlook - Wood Mackenzie |