SOCAR has entered information about over 100 fields and structures into the Odlar corporate database, said Khalik Mammadov, SOCAR Vice President for Human Resources and Information Technologies.
“SOCAR has started work on the corporate database in 2008. At present Odlar database contains information about 100 fields and structures and over 9,000 wells. The database also has 65,000 documents related to the Azerbaijan oil and gas industry,” Mammadov said at the International Conference NDR (National Database) for Use and Management of Oil and Gas Resources Data in Baku on September 29, 2014.
He said the database also contains the information about daily oil production on various fields.
Mammadov added that the data allows preparing various forecasts of the oil and gas industry and using them in research.
Vice President added that at present only 130 SOCAR’s specialists have access to Odlar database.—0-
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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