Zenith Energy completes handover of Azerbaijan assets to SOCAR
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
As a result of the handover, Zenith has ceased all oil production operations in Azerbaijan and all field production personnel, approximately 170 employees, have been transferred to a division of SOCAR.
The company has confirmed that its Azerbaijan subsidiary has recently received a payment for oil production of approximately US$508 000 from SOCAR.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/25062020/zenith-energy-completes-handover-of-azerbaijan-assets-to-socar/
You might also like
The evolution of expandable liners
Nanda Boddeda, Enventure, USA, outlines how expandable liners has broadened over the years with the introduction of high torque expandable premium connections (XPC) and rotation-enabled expandable liners.