TODAY.AZ / Business

SOCAR to own new platform in Caspian Sea

29 March 2014 [09:25] - TODAY.AZ
Azerbaijan's State Oil Company (SOCAR) plans to build a new platform at the Darwin Bank field in the Azerbaijani sector of the Caspian Sea.

The platform is designed to drill 10 wells, according to a message from SOCAR.

It will be built on a request from the 'Absheronneft' oil-and-gas department of SOCAR.

The sea depth on the site where the platform will be installed is 8.5 to 9 meters.

SOCAR includes Azneft (production association of enterprises producing oil and gas onshore and offshore) and Azerkimya (production association of chemical industry enterprises) and Azerigaz (production association dealing with gas distribution).

The company also includes a number of processing enterprises, service enterprises and institutions dealing with geophysical and drilling operations.

SOCAR also has assets in Turkey and Europe.



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