On Friday, the operation for connecting to the product delivery system of the saved well on the offshore field Bulla Deniz in the Azerbaijani sector of the Caspian Sea was completed, Turan reported from the State Oil Company of Azerbaijan (SOCAR).
Thus, the oilmen will continue to ensure the supply of drilling and gas in the delivery system. According to experts, this is a rare event in the world, when the accident accompanied by strong fire was liquidated within two months and the well was put into operation.
Saving the well was carried out jointly by SOCAR experts and the American company BOOTS & COOTS.
Note that the fire on the exploration well number 90 on the Bulla Deniz field began on 17 August 2013. It was put out only in the evening on October 23 of this year. -12D
Economics
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But Putin Says It's "Virtually Impossible" Due to Zelensky's Position Slovak Prime Minister Robert Fico visited Moscow on Sunday to discuss energy issues, becoming the third EU country leader to hold talks with Vladimir Putin since Russia's 2022 invasion of Ukraine. Prior visits include Austrian Chancellor Karl Nehammer in April 2022 and Hungarian Prime Minister Viktor Orbán in July 2024. Slovakia is also a NATO member.
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Environmental, Social, and Corporate Governance (ESG) principles have emerged as a transformative force in modern business practices, reshaping priorities across industries. This was a key theme highlighted by Orkhan Mammadov, Chairman of the Management Board of the Small and Medium Business Development Agency (KOBIA), at the conference "Labor Relations, Occupational Safety, and Human Resources as Key ESG Approaches," held on Monday in Baku.
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A detailed review of legislative norms and e-government services across various business environment domains has been prepared and published by the working group of the Business Environment and International Ratings Commission, focusing on electricity network connections.
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The draft law "On Amendments to the Tax Code," adopted in its third reading, provides for tax exemptions on the sale of locally manufactured buses in Azerbaijan and the supply of spare parts for these vehicles. This was reported by the Tax Service under the Ministry of Economy, explaining that the government's initiative aims to support business development in the country by reducing the tax burden. The exemption will come into effect on January 1, 2025, and will remain valid for eight years.
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