SOCAR Sums up Drilling Works for September 2014
OREANDA-NEWS. SOCAR (excluding Joint Ventures and Operating Companies) conducted 9362 metres of drilling works in September 2014. This entire amount was development drilling.
In general, during January-September 2014, SOCAR (excluding Joint Ventures and Operating Companies) carried out 98737 metres drilling works including 97109 metres development drilling and 1628 metres exploration drilling.
The State Oil Company of the Azerbaijan Republic (SOCAR) is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate, marketing petroleum and petrochemical products in domestic and international markets, and supplying natural gas to industry and the public in Azerbaijan. Three production divisions, two oil refineries and one gas processing plant, an oil tanker fleet, a deep water platform fabrication yard, two trusts, one institution, and 22 subdivisions are operating as corporate entities under SOCAR.
Joint ventures (including ventures in Georgia and Turkey), consortia, and operating companies established with SOCAR's participation, are doing business in different parts of the petroleum industry. SOCAR has representative offices in Georgia, Turkey, Romania, Austria, Switzerland, Kazakhstan, Great Britain, Iran, Germany and Ukraine and trading companies in Switzerland, Singapore, Vietnam, Nigeria, and other countries.
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