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 President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review