Bank Of Baku

Azerbaijan will soon install a new platform on Oil Rocks

Azerbaijan will soon install a new platform on Oil Rocks
# 04 March 2009 10:01 (UTC +04:00)
Baku. Rashad Suleymanov - APA-Economics. The State Oil Company of Azerbaijan Republic (SOCAR) has delivered a new block through General Aliaga Shikhlinsky crane vessel to Oil Rocks Field in the Caspian Sea.
The platform will be installed at 18.5 meters water depth and 12 wells will be drilled on it.
If oil reserves are found to be vast, the number of wells will be increased to 14.
After other blocks and topsides are delivered, the platform will go on stream.
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THE OPERATION IS BEING PERFORMED