On July 29, 2016 Azneft, production company of State Oil Company of Azerbaijan (SOCAR), put into operation the first operation well from the new production platform No 7 located on the shallow section of Guneshli field.
SOCAR press office reported that the well No 316 has been drilled to the productive bed Pereriva.
SOCAR reported that the daily production rate of the well is 80 tons of oil.
The well is being operated by 28 May Oil & Gas Production Department.
On March 14, 2016 SOCAR put into operation the platform No 7 on the Guneshli field. The platform has been installed on the sea depth of 48 meters and is designed to drill 20 operation wells, of which 6 gas ones and 16 oil ones.
* Development of the shallow section of the Guneshli field started in 1980. The field produces about 4.5 million tons of oil (it ensures 65% of entire oil production of SOCAR).—0—
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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