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Azerbaijan field to step up oil flow

Journal Article · · Oil and Gas Journal; (United States)
OSTI ID:7185313

This paper reports that a unit of Pennzoil Co., Houston, is scheduled to operate a development program that could more than double oil production from Guneshli field off Azerbaijan in the southern Caspian Sea. Under agreements signed in Baku, Pennzoil Caspian Corp., Ramco Energy Ltd. of Aberdeen, Scotland, and state oil company Azerneft will have exclusive right to jointly develop the field. Partners' shares and other project details are to be laid out in the final development plan, expected by yearend.

OSTI ID:
7185313
Journal Information:
Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 90:42; ISSN OIGJAV; ISSN 0030-1388
Country of Publication:
United States
Language:
English

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