Based on the Risk Service Contract ratified on April 5, 2022, the private international company GL International LTD LLC has taken up the rehabilitation and development of a block of onshore oil fields on the Absheron Peninsula of Azerbaijan, including the Buzovna-Mashtaga, Gala, and Zira fields.It should be noted that the Risk Service Contract was signed on December 14, 2021 between SOCAR Upstream (a subsidiary of SOCAR) and GL Int.Ltd. The volume of expected ...
