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SOCAR to conduct 3D seismic on ground area in Azerbaijan

Oil&Gas Materials 19 October 2012 17:26 (UTC +04:00)

Azerbaijan, Baku, Oct.19 / Trend, E.Ismayilov /

The SOCAR Department of Geophysics and Geology has started 3D seismic studies on the Naftalan-Northern Naftalan ground area.

The studies are conducted based on an order of SOCAR's Azneft.

The studies are conducted to study geological structure of the area and forecasting of oil and gas formations.

SOCAR includes the Azneft production association (the companies producing oil and gas on and offshore), the Azerkimya industrial association (chemical enterprises) and Azerigaz industrial association (gas distribution).

SOCAR is the only producer of oil products in the country (it has two refineries on its balance sheet) and also owns petrol stations in Azerbaijan, Georgia, Ukraine, Romania and Switzerland. SOCAR is co-owner of the largest Turkish petrochemical complex Petkim.

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