Karabagh Oil Field

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Revision as of 17:36, 15 February 2024 by Abarrelfull (talk | contribs)
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Summary Information

  • Operator: Socar
  • Country: Azerbaijan
  • Location:
  • Production start:
  • Partners:
  • Type: Oil / Gas
  • Estimated Reserves:
  • Production Volume:

Description

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

Contractors

  • -

History

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

Geology

Links

  1. Entering new agreements in Azerbaijan
  2. Equinor sells its interests in Azerbaijan