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SOCAR builds new offshore oil platform

20 April 2017 16:54 (UTC+04:00)
SOCAR builds new offshore oil platform

By Laman Ismayilova

Azerbaijan’s state oil company SOCAR is building a new fixed platform #10 at the Western Absheron offshore field.

The platform is designed for drilling 10 production wells, according to the company.

The platform will be installed on nine bearing units at a depth of 13.5 meters. It is planned to daily produce 1,200-1,500 tons of oil from the offshore platform, the total area of which will be 3,480 square meters.

The Western Absheron field is on the balance of SOCAR’s Absheronneft Oil & Gas Extraction Management. SOCAR-AQS carries out drilling operations at the field on the basis of the agreement.

SOCAR produced 1.85 million tons of oil from offshore and onshore fields in January-March 2017 as compared to 1.9 million tons in the same period of 2016.

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