Statoil’s investments into projects in Azerbaijan make up $5 billion
Edited by Rhod Mackenzie / 2013-10-30 04:00:53
The investments of the Norwegian oil company Statoil within projects in Azerbaijan have made up $5 billion, the SOCAR’s First Vice President, Khoshbaht Yusufzadeh reported.
According to him, today Statoil studies Mesozoic deposits on land of Azerbaijan.
“Besides, the Norwegian company actively works within a memorandum of understanding on exploration and development of Zafar-Mashal structures. Statoil plans re-processing of 3D seismic survey data, which was recently carried out at these structures. Coordination with the corresponding state
