FIRST WELL PUT INTO COMMISSION IN SHAHDENIZ FIELD

16.12.2006 [18:53]
The first well was put into commission in Shahdeniz field, on December 5, State Oil Company of Azerbaijan (SOCAR) said. Daily gas production of the well makes up 5,6 mln ...

ABOUT OIL STRATEGY OF NATIONWIDE LEADER OF AZERBAIJAN HEYDAR ALIYEV

12.12.2006 [15:49]
“Worthy realization of the tasks put forward in the “Contract of the Century”, successful implementation of new oil strategy is one of the basic guarantees of permanence of the state ...

AZERBAIJAN IMPORTED 364.4 MILLION CUBIC METERS OF RUSSIAN GAS LAST MONTH

10.12.2006 [16:40]
Azerbaijan imported 364.4 million cubic meters of gas from Russia in November, press service of the State Oil Company of Azerbaijan Republic (SOCAR) said.
The total amount of Russian gas ...

GEORGIA TO BUY 270 MILLION CUBIC METERS OF GAS NEXT YEAR

09.12.2006 [18:39]
Five wells in the Shahdeniz field will produce 5,3 bln cubic meters of gas in 2007, Minister of Industry and Energy of Azerbaijan Natig Aliyev said in an interview to ...

ABOUT OIL STRATEGY OF NATIONWIDE LEADER OF AZERBAIJAN HEYDAR ALIYEV

03.12.2006 [15:00]
“Worthy realization of the tasks put forward in the “Contract of the Century”, successful implementation of new oil strategy is one of the basic guarantees of permanence of the state ...

AZERBAIJANI GEOPHYSICISTS EXECUTE ORDERS OF FOREIGN COMPANIES

03.12.2006 [13:04]
In accordance with the geophysics and geology development program, the technical basis of all the structures in the SOCAR’s (State Oil Company of Azerbaijan Republic) Geology and Geophysics Department are ...

CHIRAG FIELD HAS 20 WELLS

03.12.2006 [12:22]
According to BP-Azerbaijan, Chirag currently has 20 wells: 14 oil producers and 6 water injectors. Since the beginning of this year, the platform has produced over 40 million barrels of ...

BP TO SPEND $13 MILLION ON SOCIAL INVESTMENT PROJECTS

03.12.2006 [12:03]
BP-Azerbaijan company is planning to spend $13,557 million this year on social investment projects. Of this amount, $557 thousand were spent within ACG project, $85 thousand within Shahdeniz project, $5,013 ...

BP TO EXPEND $1.5 BILLION ON ALL PROJECTS

03.12.2006 [11:33]
The work to the amount of $900 million is forecast to be done this year by local contractors and procurers. 60 state-run, 32 joint, 393 small and medium-sized enterprises were ...

AZERBAIJANIS CONSTITUTE APPROXIMATELY 80% OF WORKFORCE EMPLOYED BY AZERI-CHIRAG-GUNESHLI PROJECT

03.12.2006 [11:13]
Azeri-Guneshli-Chirag project currently employs 10 thousand people of whom approximately 80% are Azerbaijan nationals, BP-Azerbaijan reported ...

SOCAR PRESIDENT MEETS WITH VICE-PRESIDENT OF CONOCO PHILLIPS

30.11.2006 [16:21]
President of teh State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev met November 29 with William Barry, executive vice-president for exploration and production in Europe, Asia, Africa and Near ...

CONSTRUCTION OF TOPSIDES AT ATA IS 65 PERCENT COMPLETE

26.11.2006 [14:27]
BP Azerbaijan said construction of the PCWU (Production, Compression, Water Injection and Utilities Platform) topsides at the ATA (Amec–Tekfen-Azfen) yard in Bibi-Heybat continues with progress to date of 65%.
PCWU ...

EAST AZERI PLATFORM PRODUCING 70,000 BARRELS OF OIL PER DAY

26.11.2006 [12:04]
Azerbaijan International Operating Company said oil from the East Azeri platform is currently flowing from two wells at a rate of about 70,000 barrels per day.
Oil production is expected ...

GAS TRANSPORTATION VIA GAS-MAIN PIPELINES RISE BY 53.4%

23.11.2006 [15:46]
Gas-main pipelines transported 14.9 million tons of gas in January-October, up 53.4% on the same period last year, State Stats Committee announced ...

NGOS WRAP UP SECOND STAGE OF BTC MONITORING

19.11.2006 [12:48]
National non-governmental organizations have completed the second stage of the audit of the Baku-Tbilisi-Ceyhan oil and South Caucasus gas pipelines, according to BP-Azerbaijan.
The audit spanned social problems, human rights, ...

ABOUT OIL STRATEGY OF NATIONWIDE LEADER OF AZERBAIJAN HEYDAR ALIYEV

16.11.2006 [15:12]
“Worthy realization of the tasks put forward in the “Contract of the Century”, successful implementation of new oil strategy is one of the basic guarantees of permanence of the state ...

MARKETING SURVEY RESULTS RELEASED

13.11.2006 [14:36]
SOCAR’s has announced the marketing survey for 1200 barrels of Azeri Light crude export at Ceyhan seaport
Survey results have been revealed. The winners are Glencore Energy UK ltd and ...

SOCAR INCREASES PAYMENTS YEARLY

13.11.2006 [13:29]
The State Oil Company of Azerbaijan transferred AZN 60260 thousand to the state budget in October, up from 52552 thousand in 2005.
SOCAR gave AZN 623645 thousand in January-October, up ...

OIL PRODUCTS EXPORT ON RISE

13.11.2006 [13:19]
State Oil Company of Azerbaijan Republic (SOCAR) exported 239,909 tons of oil via Novorossiysk terminal in October, and 942 thousand tons over 10 months.
Oil export through other routes came ...