First drilling activities on Shafag-Asiman planned to commence in late 2019
Energy
- 05 November, 2019
- 11:13
On Shafag-Asiman, planning for the drilling of the first exploration well continues, Report informs citing BP-Azerbaijan.
Current plans are to commence drilling activities in December this year.
The agreement on Shafag-Asiman, which was signed between BP and SOCAR in October 2010, covers 30 years. Each side holds a 50% stake in the block, which is located 125 km southeast of Baku. The block is supposed to have gas reserves.
Latest News
09:34
ADB eyes $50M for border upgrades project with Azerbaijan's participation
Finance09:22
Platinum surges past $2,800 an ounce for first time
Finance09:18
25 killed in attack by Islamic State-backed group in eastern Congo
Other countries09:14
Eleven killed in deadly shooting on football pitch in Mexico
Other countries08:50
Photo
MMA tournament featuring Azerbaijanis kicks off in US
Other countries08:46
34 years pass since Dashalti operation
Karabakh08:33
Speaker of Milli Majlis meets with Chairman of Bahrain's Council of Representatives
Milli Majlis08:21
Memorandum of Understanding signed between Milli Majlis of Azerbaijan and Bahrain's Council of Representatives
Milli Majlis08:12