BAKU, Azerbaijan, June 2. The potential of such fields as Umid, Babek, Absheron, Nakhchivan, and Shafag-Asiman is planned to be reviewed, First Vice-President of the State Oil Company of Azerbaijan (SOCAR) Khoshbakht Yusifzade said during the Baku Energy Week, Trend reports.
"We also plan to re-conduct technical assessment of these fields' potential. In this regard, we'll cooperate with the French TotalEnergies company," he said.
Yusifzade reminded that SOCAR and TotalEnergies signed a corresponding memorandum in early May.