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Azerbaijan talks probability of commercial oil & gas reserves at Aypara area in Caspian Sea

Oil&Gas 22 January 2022 10:05 (UTC +04:00)
Azerbaijan talks probability of commercial oil & gas reserves at Aypara area in Caspian Sea

BAKU, Azerbaijan, Jan. 22

By Nazrin Israfilova – Trend:

Seismic surveys carried out at the "Aypara" area in the Azerbaijani sector of the Caspian Sea give grounds to assume a high probability of the presence of commercial reserves of oil and gas there, Trend reports via the State Oil Company of Azerbaijan (SOCAR).

The issue was discussed at a meeting between SOCAR President Rovnag Abdullayev and a delegation led by Equinor Vice President for Exloration and Production Al Cook.

According to SOCAR, the meeting parties also discussed the implementation of the project to develop the Karabakh field, implemented by companies on a parity basis, and the planning of exploration drilling at the promising Dan Ulduzu-Ashrafi-Aypara area.

Besides, the parties exchanged views on other areas of cooperation, including the Azeri-Chirag-Deepwater Gunashli block of fields.

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