2024-07-22 19:10:34
The Russian company Tatneft will enter into a project to rehabilitate one of the oldest fields in Azerbaijan – Bibi-Heybat, where it will work together with SOCAR to introduce new technologies.
As reported by Day.Az, this was stated by the head of Tatneft, Nail Maganov, during the meeting on July 12, “Dialogue on Equal Terms” of oil companies with participants of the V International Oil and Gas Youth Forum in Almetyevsk (RF).
“We have very close cooperation with SOCAR. We are now entering the Bibi-Heybat field, where we, together with our colleagues from SOCAR, will be engaged in the implementation of those technologies that are available to us,” he said, noting that Bibi-Heybat is one of the oldest fields in Azerbaijan.
N. Maganov added that Tatneft is also working together with SOCAR in Turkey on a project in the field of petrochemical development and reconstruction of oil refineries.
“We are happy to work on these issues with our colleagues,” the head of Tatneft emphasized.
The Bibi-Heybat field has been under development on the Azerbaijani mainland for over 100 years and modern technologies are required to extract its remaining oil reserves.
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