Azerbaijan is seeking to increase oil production from its Caspian Sea fields by extending development drilling in producing fields.
State Oil Co. of the Azerbaijan Republic (Socar) is seeking foreign firms to participate in rehabilitation projects in five offshore fields. And Azerbaijan International Operating Co. (AIOC), a major international consortium, has firmed up its plans for extended development of Azeri, Chirag, and Guneshli fields (OGJ, Apr. 13, 1998, p. 34).
Field rehab work
Socar is attempting to lure foreign oil companies to bid for rehabilitation of five Caspian Sea fields. Initial presentations, organized by MAI Consultants Ltd., Epsom, U.K., will be he...