For Azerbaijan’s Oil Rocks field, future seems no less glorious than past - SOCAR
Baku, Azerbaijan, Oct.17
By Leman Zeynalova – Trend:
For Azerbaijan’s Oil Rocks field, the future seems no less glorious than the past, Vice President of Azerbaijan’s state oil company SOCAR for Field Development Yashar Latifov told reporters in Baku, Trend reports Oct. 17.
“Oil Rocks allowed the Absheron project to be technically feasible, economically viable,” the vice president noted. “This is because the old field opened the way for a new deepwater field.”
The energy complex with capacity of 45 megawatts at the Oil Rocks creates opportunities for providing electricity to a number of facilities and platforms at the sea, added Latifov.
In addition, the compressors at Oil Rocks provide an opportunity to collect 80 percent of the products that SOCAR produces at the sea and transport them to land, the vice president said.
Oil Rocks is the oldest field in Azerbaijan. Its development began in 1949.
Oil Rocks is an industrial settlement near Baku in Azerbaijan. A full town on the sea, it was the first oil platform in Azerbaijan, and the first operating offshore oil platform in the world, incorporating numerous drilling platforms.
The first large-scale geological study of the area was conducted in 1945–1948. The settlement of Oil Rocks was built after oil was discovered there on Nov. 7, 1949, at 1,100 meters beneath the Caspian Sea.
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