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Baku/16.07.21//Turan: On July 15, SOCAR and the French Technip Energies signed an Agreement on Cooperation in the Development of Sustainable Energy in Offshore Fields. The document was signed by SOCAR President Rovnag Abdullayev and Chairman of the Board of Technip Italy S.p.A. Marco Villa.
Within the framework of the agreement, opportunities for sustainable development will be explored to improve energy efficiency in offshore oil and gas operations, save overall business costs, and reduce carbon emissions, SOCAR's press service said.
According to the information, the possibility of joint implementation, without additional obligations, of a pilot project for the construction of a floating wind farm in the sea and the supply of energy to oil and gas operations with its help will be assessed.
"Currently, oil and gas production in the Caspian Sea mainly uses electricity generated from natural gas. One of the main goals of the feasibility study and pilot project is to determine the prospects for the supply of alternative energy for the oil and gas industry of Azerbaijan, to reduce the consumption of natural gas and an increase in its exports," the company notes. –0-
Energy
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Slovakia will veto financial assistance from the European Union, stop selling electricity to Ukraine, and limit aid to Ukrainian refugees if Kyiv does not resume the transit of Russian gas, Slovak Prime Minister Robert Fico stated during a meeting of the parliamentary economic committee on January 28. Fico called Ukrainian President Volodymyr Zelensky's statement about Ukraine's readiness for possible Azerbaijani gas transit to Europe a cover maneuver to avoid retaliatory measures.
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The European Commission denied a report by Financial Times about discussions within the European Union regarding the potential resumption of Russian pipeline gas supplies to the EU as part of a settlement of the situation in Ukraine.
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The annual transit of Kazakh oil from the “Kashagan” field through the Baku-Tbilisi-Ceyhan (BTC) pipeline will amount to 240,000 tons, the press service of the State Oil Company of Azerbaijan (SOCAR).
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BP-Azerbaijan plans to begin a seismic survey program at the "Shah Deniz" field in 2025. According to the company's data, among the upcoming key activities is a series of seismic studies to monitor changes in the gas layers. "The research will be carried out as part of the "Shah Deniz" seismic survey program for 2025-2034," reports the British company.
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