Home / Tag Archives: Caspian sea

Tag Archives: Caspian sea

Landmark Caspian Sea Deal Signed by five Nations

Turkmenistan, Russia, Azerbaijan, Iran, Kazakhstan, agreed in principle on Sunday how to divide up the potentially huge oil and gas resources of the Caspian Sea, paving way for more energy exploration and pipeline projects. However, the delimitation of the seabed – which has caused most disputes – will require additional …

Read More »

SOCAR Drilling New Well at Oldest Oil field in Caspian Sea

Azerbaijan’s state oil company SOCAR will additionally produce about 3,650 tons of oil annually, thanks to the commissioning of a new well that is being drilled at the Oil Rocks offshore field, SOCAR said in a message posted on its website Nov. 24. The well’s projected depth is 1,700 meters …

Read More »

Europeans Offer Iran to Work on Caspian Hydrocarbon

Companies from Norway, the Netherlands, and the United Kingdom have expressed willingness to work with Tehran on oil and gas projects in the Caspian Sea. They have requested a chance to explore the area and develop possible fields, regarding which a number of meetings have been held, Deputy CEO of …

Read More »

Georgia’s New Caucasus Trail Will Link Black and Caspian Seas

Georgia’s New Caucasus Trail Will Link Black and Caspian Seas

Founders hope project will become one of the world’s great hikes, revealing the fascinating cultures and unexplored natural wonders of the Caucasus. ”Hiking the Caucasus for a few months would be incredible, like going across a continent in miniature. The spectacular terrain ranges from Georgia’s dense forest and glaciers to …

Read More »

Azerbaijan’s SOCAR Commissions New Well in Caspian Sea

Azerbaijan’s SOCAR Commissions New Well in Caspian Sea

Azerbaijan’s state oil company SOCAR will additionally produce 3.65 million cubic meters of gas and 32,850 tons of oil per year as it has put into operation a new well in the Caspian Sea, said SOCAR in a message. The well was put into operation at the Gunashli offshore field …

Read More »

BP to Search for More Oil in Caspian Sea in early 2016

According to BP’s Regional Director for Azerbaijan, Georgia and Turkey, Gordon Birrell BP plans to begin seismic surveys at the potentially promising structures located in the shallow waters around the Absheron peninsula in the Azerbaijani sector of the Caspian Sea in February-March 2016. “We believe that there are great opportunities …

Read More »