SOCAR: process design at Caspian structures D8 and D10 to take at least 3-4 years
Baku, Fineko/abc.az. The State Oil Company of Azerbaijan (SOCAR) continues commercial negotiations within the framework of the Memorandum of Understanding (MOU) on joint exploration and development of the Shafag and Asiman structures
Tender for construction of seismic stations in two regions announced in Azerbaijan
Baku, Fineko/abc.az. The National Academy of Sciences of Azerbaijan (AMEA) has announced a two-lot open tender procedure for construction of seismic stations in Gobustan and Gabala
SOCAR: start of Stage 2 of Shah Deniz Project is kept back by lack of technology of work at the field
Baku, Fineko/abc.az. The Azerbaijan International Operating Company (partnership on development of Shah Deniz field in Azerbaijani sector of the Caspian Sea) is not ready today to sanction Development Stage 2 of Shah Deniz Project
In February SOCAR raised drilling works by 23% and exploration drilling by 77%
Baku, Fineko/abc.az. This February the State Oil Company of Azerbaijan (SOCAR) increased drilling by 23.19% versus January 2010 when it dropped by 23.2% against December 2009
Azerbaijani banks increase 5.7-fold number of inquiries to Central Credit Register
Baku, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) keeps on developing the Central Credit Register (CCR).
Azerbaijan’s power generation decreased to 1.7 bn kWh in February
Baku, Fineko/abc.az. Despite untraditional cold weather in the country this February Azerbaijani national energy producer Azerenerji OJSC reduced electricity generation
Azerbaijan-Lybia intergovernmental commission held second session
Baku, Fineko/abc.az. The second session of the Azerbaijan-Lybia intergovernmental commission has been conducted.
State Oil Company of Azerbaijan increased 3.6-fold payments to country’s budget
Baku, Fineko/abc.az. This February the State Oil Company of Azerbaijan (SOCAR) reduced (compared with January) to the certain extent the pace of its payments to the State Budget and to the State Social Protection Fund (SSPF)
Symantec finishes installing system of risk management system for Azerbaijan’s telecom provider
Baku, Fineko/abc.az. Symantec, the developer of antivirus protection system, is completing the next project in Azerbaijan.
Azerbaijan Central Bank to integrate mobile operators in KOMIS system within a year
Baku, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) intends to connect all the national cellular operators to Centralized Information System for Mass Payments (KOMIS).
Azerbaijan Accounting Chamber endorsed report on audit of Baku Executive Power’s expenditures
Baku, Fineko/abc.az. The Collegiate Organ of the Azerbaijan Accounting Chamber has made a decision on two issues.
Drilling of 6th producing well at Azerbaijan’s biggest offshore condensate field sanctioned
Baku, Fineko/abc.az. The Azerbaijan International Operating Company (partnership on development of Shah Deniz field in Azerbaijani sector of the Caspian Sea) is preparing to increase production
Iraqi ambassador leaves Azerbaijan
Baku, Fineko/abc.az. Azerbaijani President Ilham Aliyev has received Ershad Omar Ismail, the Iraqi ambassador to Azerbaijan, in connection with expiration of his diplomatic mission in the country
New stage of development of largest oil block in Azerbaijan not require indemnification of investments
Baku, Fineko/abc.az. Building works for the Oil Project Chirag (COP), which were sanctioned by President of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev and President of the Azerbaijan International Operational Company (AIOC)
Placement of Turanbank’s share at Baku Stock Exchange to begin on 11 March
Baku, Fineko/abc.az. Azerbaijan’s bank Turanbank OJSC has applied to the Baku Stock Exchange (BSE) for inclusion of its ordinary registered book-entry shares to the non-quotation list of BSE.
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