State Oil Company of Azerbaijan (SOCAR) has put into operation a new offshore platform on Banka Darvina field in the Azerbaijani sector of the Caspian Sea, reads the statement released by SOCAR on Monday.
SOCAR reported that the new platform was installed on the depth of 10 meters and will be able to drill eight operation wells 1040 meters deep. The eight-bloc platform consists of industrial and residential parts.
The platform built by Neftegaststroi company has been already accepted by the State Commission.—0—
Economics
-
Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
-
Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
-
Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
-
Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
Leave a review