Karabagh Oil Field
Revision as of 17:39, 15 February 2024 by Abarrelfull (talk | contribs)
Summary Information
- Operator: Socar
- Country: Azerbaijan
- Location: Caspian sea
- 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
- 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