SOCAR is carrying out work on hundreds of wells dating back to the Soviet era that are no longer in operation, Hikmet Abdullayev, Deputy Vice President of SOCAR, said during a panel discussion held as part of the 2nd Azerbaijan International Investment Forum, APA-Economics reports.
Hikmet Abdullayev noted that the infrastructure around some of these wells has been destroyed, resulting in severely limited access to those facilities. At other wells, the work is technically easier to carry out, and SOCAR is already working in this direction.
According to him, the process involves several stages, including conducting preliminary studies, collecting data, obtaining the relevant permits and carrying out monitoring after the work is completed.
Hikmet Abdullayev said that work at accessible wells that are not technically complex could take approximately one month after all necessary state permits are obtained.
“In more complex cases, the process may take a year. This is because certain equipment that is not currently available needs to be imported, more detailed assessments must be conducted, and underwater surveys must be carried out using ROVs,” Hikmet Abdullayev said.
SOCAR’s Deputy Vice President added that the knowledge and experience of international experts are also used to address complex technical issues. The participation of local teams is one of the main requirements in projects involving foreign specialists.
According to Hikmet Abdullayev, local specialists are expected to gain experience during the implementation of the projects, with the aim of enabling SOCAR’s local teams to carry out this work independently in the future.
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