TotalEnergies has taken final investment decision (FID) for the full field development of Absheron gas and condensate field in the Caspian Sea offshore Azerbaijan.

Absheron field, which lies 100 km southeast of Baku, is estimated to hold about 140 bcm of recoverable gas reserves, TotalEnergies said in a release Sept. 26.

The first development phase, with a production capacity of 1.5 bcmy of gas and 12,000 b/d of condensate, came on stream in 2023.

Absheron Full Field development is expected to increase overall field production to 6 bcmy and 47,000 b/d of condensate. Startup is expected in 2029. Gas will be supplied to the domestic market and exported to Türkiye through the existing gas infrastructure connecting Azerbaijan to the European gas market.

Gas will be produced by 4 subsea wells, transported to shore through a subsea pipeline equipped with advanced automation solutions and processed in a new onshore plant, fully electrified and designed to minimize energy consumption and greenhouse gas emissions, TotalEnergies said. The scope 1 & 2 greenhouse gas emissions intensity of the project is below 4 kg CO₂e/boe.

TotalEnergies is operator of the project with 35% interest. Partners are State Oil Co. of the Republic of Azerbaijan (SOCAR, 35%) and XRG, a unit of ADNOC (30%).