CASPIAN

 

Socar And PetroVietnam Sign Agreement To Redevelop Onshore Oil Fields

Azeri state firm Socar’s first deputy president Khoshbakht Yusifzadeh signed an agreement on 18 May with Nguyen Vu Truong Son, deputy president of PetroVietnam, for the redevelopment of three onshore oil fields in the Imishli region of Azerbaijan. The Muradkhanli, Jafarli and Zardab fields were respectively commissioned in 1971, 1984 and 1981 and are estimated to hold...