Karabagh Oil Field

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Summary Information

  • Operator: Socar
  • Country: Azerbaijan
  • Location: Caspian sea
  • Production start:
  • Partners:
  • Type: Oil
  • Estimated Reserves:
  • Production Volume:

Description

  • The Karabagh oilfield is located 120 kilometers east of Baku, in around 180 meters water depth.

Contractors

  • BOS Shelf: Construction of the jacket

History

  • 2018 - Equinor and Socar formed a 50/50 joint venture to develop the field
  • 2020 - Oil discovered
  • 2023 - Equinor agrees to sell its stake to Socar

Geology

Links

  1. Entering new agreements in Azerbaijan
  2. SOCAR, Equinor confirm discovery of Karabagh Oil Field in Azerbaijan
  3. BOS Shelf completes construction of largest offshore jacket in Caspian Sea
  4. Equinor sells its interests in Azerbaijan
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