SOCAR APPROVES PROGRAM OF “SOUTH-WEST GOBUSTAN” FIELD DEVELOPMENT

17.02.2004 [19:34]
The State Oil Company of Azerbaijan /SOCAR/ has approved the program of works for 2004 for the company Gobustan Operating Company /GOS/ which develops the “South-West Gobustan” field.
It is ...

DRILLING WORKS AT TEST HOLE COMPLETED

17.02.2004 [13:53]
Drilling works at the exploratory well No23 on oil and gas rich “Absheron” field has been completed. It is already known that 2000 cubic meters of natural gas will be ...

“ABSHERONNEFT” OUTSTRIPS FORECAST

17.02.2004 [13:53]
Oil-and-gas production enterprise “Absheronneft” of the industrial enterprise “Azneft” has produced 163 thousand 750 tons of oil and 32 million 220 thousand cubic meters natural gas beating the forecast target ...

SOCAR PRODUCED 433,6 MILLION CUBIC METERS OF NATURAL GAS IN JANUARY

10.02.2004 [16:41]
The enterprises of the State Oil Company of Azerbaijan Republic had produced 433,6 million cubic meters of natural gas instead of 409,2 million cubic meters exceeding the month’s target by ...

DRILLING WORKS LAUNCHED IN “SHERGI AZERI” FIELD

07.02.2004 [20:05]
In the framework of the preliminary drilling program on “Shergi Azeri”, Bp, the Azerbaijan International Operating Company /AIOC/ operator, has started drilling the first producing oil well after the test ...

AZERBAIJAN OIL EXPORT STRATEGY UNDER ELABORATION

07.02.2004 [19:42]
“We will tray to create conditions for the export of the Azerbaijan oil through various routes to cost the same amount,” President of the State Oil Company of Azerbaijan Natig ...

PRE-DRILLING PROGRAM COMMENCES

06.02.2004 [20:49]
The Azerbaijan International Operating Company (AIOC) commenced the drilling activities within the East Azeri pre-drilling program. The drilling will be conducted form the Dada Gorgud semi-submersible rig which was anchored ...

MORE THAN 61 THOUSAND TONS OF OIL PRODUCTION EXPORTED IN JANUARY

06.02.2004 [18:30]
The Department of marketing and economic operations of the State Oil Company of the Azerbaijan Republic within January 2004, from our Republic exported 61 thousand 18 tons of various kinds ...

NEW PLATFORM FABRICATED IN THE SEA

06.02.2004 [17:45]
The State Oil Company of Azerbaijan Republic has started constructing of the new platform on the “Guneshli” prospect.
The drilling rigs will be fabricated in the platform, which is to ...

DRILLING RIG MOVED AWAY

06.02.2004 [17:45]
The floating unit “Lider” designed for the exploration drilling in “Zafar-Mashal” field in the Caspian Sea has moved 3 km away from its previous place. The move was initiated by ...

SECOND BATCH OF AZERBAIJAN OIL PURCHASED

03.02.2004 [18:29]
The second batch of crude oil envisaged for sale by the State Oil Company of Azerbaijan / SOCAR/ in February 2004 was purchased by Swedish company “Vitol”. The first batch ...

AZERBAIJAN RESUMES EXPORT OF DIESEL FUEL TO IRAN

30.01.2004 [16:20]
Export of diesel oil to Iran was resumed in the area of marketing and economic relations department of State Oil Company of Azerbaijan / SOCAR/. Since the current year, 10 ...

FINANCIAL AID TARGETS FUEL POVERTY

30.01.2004 [12:52]
On behalf of its partners in the BTC and South Caucasus Pipeline projects, BP signed an agreement with the Georgian Ministry of Finance to make a donation of $1 million ...

PROJECT PASSES THE HALF-WAY POINT

30.01.2004 [12:52]
The BTC project is now over 55% complete, as further headway is being made on the pipeline and facilities in Azerbaijan, Georgia and Turkey. In Azerbaijan, over 229km of the ...

GEORGIA DELIVERS A BOOST FOR BIODIVERSITY

30.01.2004 [12:51]
The Georgian Centre for the Conservation of Wildlife has won a contract from BTC Co and the South Caucasus Pipeline (SCP) to implement a project for the monitoring and ...

FINANCING ARRANGEMENTS ON BRINK OF COMPLETION

30.01.2004 [12:50]
A signing ceremony in Baku, Azerbaijan, on 3 February marks the completion of financial arrangements for the BTC project. It will culminate in 78 different parties providing over 17,000 signatures ...

BTC SELECTS PARTNER FOR HUMAN RIGHTS TRAINING

30.01.2004 [12:50]
BTC Co has entered into a partnership with Equity International (EI) to help deliver human rights training to public security agencies in Azerbaijan, Georgia and Turkey. Founded in 1998, EI ...

RUSSIAN LUKOIL PURCHASES US FILLING STATIONS

28.01.2004 [19:14]
LUKoil company will purchase another 795 filling stations in the United States, in sum 265 mln 750 thousand dollars, the Oil Company reports. 50 mln of these means will ...

“STATOIL” POISED TO WIDEN ITS ACTIVITY IN AZERBAIJAN

24.01.2004 [15:34]
Norwegian Oil Company “Statoil” has begun its activity in Azerbaijan since 1992 and invested $1,23 billion until now. The Company has invested $474 million for 2003.
Reportedly, while visiting Azerbaijan ...