The State Oil Company of the Republic of Azerbaijan (SOCAR) has launched a new phase of offshore exploration in Azerbaijan’s sector of the Caspian Sea with detailed seabed studies at the promising Goshadash structure. The project marks a preparatory stage ahead of a large-scale seismic survey that will use advanced Ocean Bottom Node (OBN) technology, underscoring Azerbaijan’s commitment to expanding its hydrocarbon resource base and maintaining its role as a key energy supplier to regional and global markets.
In an exclusive interview with News.az, Dr. Rufat Guliyev, a Doctor of Economics, Professor, and member of the fourth convocation of the Azerbaijani Parliament, highlighted the remarkable economic progress Azerbaijan has achieved over the past two decades.
13 Mar 2026-13:40
02 Jan 2025-08:55
