February 8, 2021

Drilling of the first exploration well in the shallow waters of the Absheron archipelago (Shallow Water Absheron Peninsula, SWAP) will begin in the second quarter of 2021. This was reported by the press service of BP-Azerbaijan, the project operator. Note that earlier the company announced its intention to start exploratory drilling within the SWAP project in 2020, and then postponed them to 2021. “Planning work to drill the first exploration well in the selected shallow water area of the Absheron archipelago is still ongoing. For this well, an Environmental and Socio-Economic Impact Assessment Report was prepared and presented to the public on August 28, 2020. The document was later updated and re-submitted to the government. After its approval and with the receipt of the relevant permits, drilling of a well under the SWAP project will begin in the second quarter of 2021,” the company said. BP-Azerbaijan also noted that work is underway to optimize the jack-up rig Satti, which has been selected for drilling. Based on the drilling results, BP expects to discover oil resources in this block. In 2016, in the shallow

 

Source: Turan News Agency

Leave a comment.