Saturday, September 26, 2020
Home Oil & Gas SOCAR launches the Garabagh jacket

SOCAR launches the Garabagh jacket

Azerbaijan’s oil company SOCAR launched the Garabagh jacket, the largest underwater structure in the history of the company, both in terms of size and weight. The jacket was configured as a grid-type metal structure to support the upper part of the stationary platform and the deck to be installed at the Garabagh oil field.

After reviewing the newly-constructed support block, Azerbaijan’s President Ilham Aliyev (pictured above) expressed confidence that it would play a major role in oil and gas production in the deep layers of the Garabagh field.

The Garabagh oil field is located in the Caspian Sea and has 60 million tons of oil reserves. Earlier in March, SOCAR, together with Norwegian energy group Equinor confirmed the discovery of the Garabagh field.

“The Garabagh field is the first oil field discovered during the independence period of our country and its oil reserves estimated more than 60 million tons,” had said SOCAR’s President, Rovnag Abdullayev. “The successful delivery of the appraisal well to the target safely and on time is the result of effective collaboration of SOCAR and Equinor. The development of the Garabagh field will significantly contribute to Azerbaijan’s oil incomes.”

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