New offshore platform in Azerbaijani sector of Caspian Sea?

New offshore platform in Azerbaijani sector of Caspian Sea? The U.S. Emerson Process Management signed a contract with the Azerbaijan International Operating Company (AIOC) to automate a new offshore platform in the Azerbaijani sector of the Caspian Sea, within the Chirag Oil Project, the U.S. company reported. The Chirag Oil Project, to be completed in 2013 and operated by BP Azerbaijan, will enable additional oil to be recovered from the Azeri-Chirag-Guneshli... Read More

Chirag Oil Project to launch production next year

Chirag Oil Project to launch production next year Construction work is under way in accordance with Chirag Oil Project and the production within this project is expected to launch in 2013. To date, the field has produced 1.9bn barrels of oil, according to BP, Gun,Az reported. Currently, Azeri, Chirag, Darinsulu Guneshli oil field produces 750,000 barrels of oil per day. Note that the oil production the Chirag section of the field was launched... Read More