BAKU, Azerbaijan, June 2. A final investment
decision on the development of the “Karabakh” field will be made in
the near future, bp's Executive Vice President for Production and
Operations, Gordon Birrell, told reporters at the Baku Energy Week,
Trend reports.
He noted that the Karabakh field was discovered several years
ago and is already a well-studied asset.
According to him, various companies have expressed interest in
its development at different times.
Gordon Birrell stated that bp plans to use state-of-the-art
technologies to commercialize the field.
“In particular, the project involves drilling multiborehole
wells, as well as the phased installation of the necessary
equipment for offshore operations,” he said.
He emphasized that the use of these technologies will make the
project more attractive to investors.
