The State Oil Company of Azerbaijan will have a clear idea of ??its own borders and the "environmental wounds" within these limits.
As stated on the website of the environment department of SOCAR, Open Joint Stock Company Azerkosmos of the Ministry of Communications and Information Technologies shared with the oil industry information on the use of satellite technology in the oil and gas industry and environmental issues.
During the presentation, participants received information about the necessary technical, software, features, station to receive the information and space data.
Launch of geostationary telecommunications satellite of Azerbaijan Azerspace-1 is scheduled for February 2013. Running the low-orbit satellite will be for industrial purposes (geodesy, geology, cartography, etc.) and is planned for 2014. OJSC Azerkosmos announced a tender for construction of the project, the results are awaited. The main consumer of its services will be the state oil company, customer prospecting and monopoly in the oil and gas, petrochemical companies, etc. - 17D-
Economics
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Last year, Azerbaijan's exports fell sharply. In 2024, the country's exports amounted to $26.55 billion, while imports stood at $21.06 billion. The positive trade balance was $5.50 billion, according to the State Customs Committee (SCC).
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The final investment decision (FID) for the construction of the Shafag Solar Power Plant (SPP), based on a feasibility study, is expected in 2025, BP Vice President for the Caspian Region Bakhtiyar Aslanbayli told journalists on Friday.
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BP Plc plans to start gas production from the deep gas reservoirs of the Azeri-Chirag-Gunashli (ACG) block by the end of 2025, BP-Azerbaijan's head of press service, Tamam Bayatly, told reporters.
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In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
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