UAE’s Rafi Oil Signs PSA For Azerbaijan’s Onshore Surakhani Oilfield

...e project reaching $400mn. Rafi Oil said that it expected production at Surakhani to reach 5,000 b/d by 2014. During its 100 years of operation, some 2,500 wells have been drilled in Surakhani, which covers some 13 sq km and is located 14km northeast of Baku on the Absheron peninsula. The oi...