Russia’s Rosgeo JSC and Azerbaijan’s state oil company SOCAR are in talks regarding carrying out seismic survey, Director General of Rosgeo JSC Roman Panov said, AzerNews reported citing TASS.
“Our colleagues have a need for a 3D seismic survey in Azerbaijan, and we held several rounds of talks on this topic,” he said.
Panov noted that various models are being considered, up to the creation of a joint venture, which would implement such work in the interests of the customer.
“We believe that by the end of the year already at the level of the company’s managers we will agree on a model that would be acceptable both for us and SOCAR,” he said.
