An Agreement on “Provision of Technical Services” has been signed between State Oil Company of Azerbaijan (SOCAR) and Halliburton, SOCAR told APA-Economics.
The agreement was signed by the General Director of SOCAR’s AzNeft Production Union Ali Gurbanov and the Vice President for the Caspian Region at Halliburton Graeme Taylor.
The document aims to carry out modern studies for reassessing the residual hydrocarbon potential and determination of residual oil zones at the Gunashli field.
Source: Azeri-Press news agency