Oil and Gas news

SOCAR expands drilling works


According to Azernews.az Azerbaijan's energy giant SOCAR carried out some 10,492 meters of drilling operations (excluding joint ventures and operating companies) in January 2014, compared to 10,629 meters in January 2013. The company reported that about 10,424 meters of all the...

Azerbaijan plans rational use of energy resources


According to Azernews.az Azerbaijan has started working on the development of a national program for the rational use of energy resources of the country in 2014-2020, Energy Minister Natig Aliyev said on February 5. "There is a need to develop a national program for the rational...

SOCAR starts drilling new well


As reports Azernews.az Azerbaijan's State Oil Company SOCAR has started drilling a new well in the shallow part of Gunashli field, SOCAR said on February 25. The field with a projected depth of 3,030 meters is managed by SOCAR's May 28 Oil and Gas Production...