Seismic data interpretation currently ongoing on D230 block
Energy
- 29 April, 2021
- 10:48
On the D230 block in the Azerbaijani sector of the Caspian Sea, the interpretation of the seismic data is currently ongoing, BP-Azerbaijan told Report.
If the results from the interpretation of the seismic survey are positive, bp may start planning for an exploration well.
BP and SOCAR signed a Production Sharing Agreement (PSA) in April 2018 to conduct joint exploration work in potentially promising structures within the D230 block in the Northern Absheron Basin in the Azerbaijani sector of the Caspian Sea. The agreement was ratified by the Azerbaijani parliament in October 2018.
Latest News
21:05
Ahmadbayli-Fuzuli-Shusha highway project wins Innovative Construction Methodology award
Infrastructure20:58
Armenia plans to establish trade with Azerbaijan in 5 years
Region20:45
Iraq asks Iran to provide special conditions for oil exports through Hormuz
Energy20:24
North Korea's Kim Yo Jong warns Japan of strike in response to possible threat
Other countries20:12
S. Korea's special prosecutor demanding fine of over $7,000 against former president
Other countries19:51
Mattel unveils Barbie doll nspired by Marilyn Monroe
Show business19:31
Azerbaijan exported 77,400 tons of potatoes in 7 months
Business19:11
Gold prices rise almost 3%
Finance18:50