Energy
TotalEnergies, SOCAR and XRG Approve Absheron Full Field Development, Targeting 6 Billion Cubic Meters a Year
The Caspian project adds four subsea wells and an electrified onshore plant, with startup expected in 2029 and gas routed toward Turkey.
PR
By Priya Raghavan
Sep 26, 2026 · 2 min read
TotalEnergies announced on Saturday morning a final investment decision for the full field development of the Absheron gas field in Azerbaijan's Caspian Sea, a project designed to lift output to 6 billion cubic meters of gas a year plus 47,000 barrels a day of condensate.
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PR
Priya Raghavan
Corporate Insider Inc.
Priya Raghavan writes for Corporate Insider Inc.