Norway’s oilfield services company Enhanced Drilling has opened a new workshop and office facility in Baku. The new workshop is located at Salyan Highway 22nd km and features 2,355 square metres of space. The new workshop is three times the size of the facility formerly occupied by Enhanced Drilling in Baku, and features a 15-ton…
Azerbaijan Airlines (AZAL) announced the launch of a new autumn campaign, timed to Gurban holiday. A 20% discount will be applied when buying round-trip air tickets in the period from September 5 to 30, to/from Baku to the following destinations: London, Milan, Berlin, Paris, Prague and New York. Departure period: September 15 – December 10.…
ADY Express company has started to transport cargo via the North-South route, the Azerbaijan Railways CJSC said. “Even though there is no railway between Azerbaijan and Iran, ADY Express company has been already transporting cargo via this route”, the message said. “For example, compressed liquid gas (butadiene) was transported from Iran to Russia in a…
Azerbaijan invites Chinese companies to intensify cooperation with local businesses, in particular, in industrial sphere, Chinese media reported citing Azerbaijan’s Deputy Economy Minister Niyazi Safarov. Safarov made the remarks at a session of the Azerbaijan-China Intergovernmental Commission on Trade and Economic Cooperation. Safarov said that Chinese companies participated in Azerbaijan’s 12 projects worth over $640…
Azerbaijan’s national air cargo carrier Silk Way Airlines received another new Boeing 747-8F aircraft. This is the 8th Boeing and 4th Boeing 747-8F aircraft, which will be operated by the airline. Delivery of the new aircraft will enable the airline to increase its route network even broader, including new destinations to the US. It is…
It is planned to produce first gas from the Absheron gas condensate field in 2019, First Vice-President of the Azerbaijani state oil company SOCAR Khoshbakht Yusifzade said. He said that the reserves of the Absheron gas condensate field were estimated at 350 billion cubic meters of gas and 45 million tons of condensate, according to…
Azerbaijan hired McKinsey & Company, a worldwide management consulting firm, to develop a road map for the country’s economy to 2025 and beyond. “We were expecting to enter the post-oil era in about 10-15 years, but we have practically found ourselves in that situation already today”, Natiq Amirov, Azerbaijani presidential aide on economic reforms, said.…