No 30


Dry Wells In Azerbaijan

While BP is moving ahead with a number of upstreamand midstream projects in Azerbaijan, exploration by other foreign companieshas in recent weeks produced discouraging results. Reports from Baku on 11 Julysaid that Italys Agip had drilled a second dry well in its offshore Kurdashiblock, and earlier this month ExxonMobil acknowledged that its first well inthe offshore Oguz block was dry. Chevron has yet to reveal the results of itsfirst test...