SOCAR Prioritizes Revitalization of Aging Oil Fields

Baku: Revitalizing mature fields is one of the main priorities of SOCAR’s daily operations, said SOCAR’s Reservoir Development Manager, Murad Seyidov, during his speech at the SPE Caspian Technical Conference, APA-Economics reports.

According to Aze…

BP Outlines Efforts to Stabilize Production at ACG Field

Baku: In the last 5-7 years, production at the “Azeri-Chirag-Gunashli” (ACG) oil and gas fields has entered a phase of sharp decline, BP’s Area Development Manager for the “Azeri-Chirag-Gunashli” oil and gas field block, Afghan Huseynov, said during h…