VOL. XLII
No. 19
10-May-1999
FSU
AIOC Changes Operators
The Azerbaijan International Operating Company (AIOC)announced on 3 May that its shareholders have agreed that BP Amoco will becomeoperator of AIOC. The company was formed in December 1994 by the consortiuminvolved in the development of Azerbaijans offshore Azeri, Chirag andDeepwater Guneshli oilfields. A statement issued by AIOC said this change wouldensure increased efficiencies, improved operator accountability and more directand technical...
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