VOL. XLII
No 44
1-November-1999
FSU
Conoco Closes Office In Baku
The Houston-based energy company Conoco announced on 21October that it will close the office of its Conoco Khazar Ltd. unit inAzerbaijan. Conoco cited a lack of progress between itself and the State OilCompany of Azerbaijan (Socar) on a project to improve oil and natural gasrecovery from the offshore Guneshli field. In a statement released by Conoco,company Chairman and CEO Archie W. Dunham said: "We wish the AzerbaijanGovernment...
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