President Ilham Aliyev approved PSA type contract between SOCAR and BP for exploration & development of D230 block

11:59 - 14.11.2018


November 14, Fineko/abc.az. Azerbaijani President Ilham Aliyev approved the agreement on the exploration, development and production sharing (PSA) from prospective block D230 on the Northern Absheron Peninsula in the Azerbaijan sector of the Caspian Sea.

The State Oil Company of Azerbaijan (SOCAR) and BP signed a PSA-type contract for joint exploration of prospective block D230 on 26 April 2018.

 

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