Azerbaijan International Operating Company is a consortium of currently 10 petroleum companies that have signed extraction contracts with Azerbaijan

Azerbaijan

Azerbaijan , officially the Republic of Azerbaijan is the largest country in the Caucasus region of Eurasia. Located at the crossroads of Western Asia and Eastern Europe, it is bounded by the Caspian Sea to the east, Russia to the north, Georgia to the northwest, Armenia to the west, and Iran to...

. These companies include:

• BP
  BP
  BP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...
  
   (UK)
• Chevron
  Chevron Corporation
  Chevron Corporation is an American multinational energy corporation headquartered in San Ramon, California, United States and active in more than 180 countries. It is engaged in every aspect of the oil, gas, and geothermal energy industries, including exploration and production; refining,...
  
   (USA)
• Devon Energy
  Devon Energy
  Devon Energy Corporation , is among the largest U.S.-based independent natural gas and oil producers. Based in Oklahoma City, Oklahoma, the company's operations are focused on North American onshore exploration and production...
  
   (USA)
• Statoil
  Statoil
  Statoil ASA is a Norwegian petroleum company established in 1972. It merged with Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro...
  
   (Norway
  Norway
  Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
  
  )
• Türkiye Petrolleri Anonim Ortaklığı
  Türkiye Petrolleri Anonim Ortakligi
  Türkiye Petrolleri Anonim Ortaklığı is the national oil and gas company of Turkey and one of the most important industrial companies in the country. The company had reserves of of oil equivalent in 2005, and the reserves are projected to increase to of oil equivalent in 2010...
  
   (TPAO; Turkey
  Turkey
  Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
  
  )
• Amerada Hess (USA)
• State Oil Company of Azerbaijan
  State Oil Company of Azerbaijan
  The State Oil Company of Azerbaijan Republic is the state-owned oil and natural gas corporation of Azerbaijan. It is considered to be one of the largest oil companies in the world. It produces oil and natural gas, operates the country's two oil refineries and the running of oil and gas pipelines...
  
   (SOCAR; Azerbaijan)
• ExxonMobil
  ExxonMobil
  Exxon Mobil Corporation or ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas...
  
   (USA)
• Inpex
  Inpex
  is a Japanese oil company established in 1966 as North Sumatra Offshore Petroleum Exploration Co., Ltd.In 2006, INPEX acquired Japanese oil company Teikoku Oil.- Projects :...
  
   (Japan
  Japan
  Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
  
  )
• Itochu
  ITOCHU
  , until 1992 "C. Itoh" in English, is a Japanese general trading concern based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo. It has a common origin with Marubeni Corporation. Itochu is a Fortune 500 company.-History:...
  
   (Japan)

The AIOC made significant investment contributing to the construction of the South Caucasus Pipeline

South Caucasus Pipeline

South Caucasus Pipeline is a natural gas pipeline to transport natural gas from the Shah Deniz gas field in the Azerbaijan sector of the Caspian Sea to Turkey...

, the Baku-Tbilisi-Ceyhan Pipeline, and are currently discussing construction of a Trans-Caspian Oil Pipeline

Trans-Caspian Oil Pipeline

The Trans-Caspian Oil Transport System is a proposed project to transport oil through the Caspian Sea from Kazakhstani Caspian oilfields to Baku in Azerbaijan for the further transportation to the Mediterranean or Black Sea coast. The main options under consideration are an offshore oil pipeline...

 between Kazakhstan

Kazakhstan

Kazakhstan , officially the Republic of Kazakhstan, is a transcontinental country in Central Asia and Eastern Europe. Ranked as the ninth largest country in the world, it is also the world's largest landlocked country; its territory of is greater than Western Europe...

 and Azerbaijan. Extraction of oil from the Azeri-Chirag-Guneshli

Azeri-Chirag-Guneshli

Azeri–Chirag–Guneshli is a large complex of oil fields in the Caspian Sea, about off the coast of Azerbaijan. An overall estimated area of the field is . It is operated by a BP-led consortium. The ACG fields have estimated recoverable reserves of about of petroleum...

 fields and natural gas from Shah Deniz has been possible through foreign direct investment in this consortium.

External links

• BP corporate website
• Azerbaijan Oil Contracts, by Azerbaijan International