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Home News Energy

Azerbaijan’s oil company may power upstream ops with floating wind

The State Oil Company of Azerbaijan Republic (SOCAR) last week said it would evaluate a floating offshore wind pilot to power upstream operations in the Caspian Sea.

Author: AzeMedia
July 20, 2021
in Energy
Reading Time: 1 min read
photo_2021-03-26_13-27-14-Azerbaijan-socar

The oil and gas company has signed a cooperation agreement with engineering and technology firm Technip Energies to study sustainability measures for its upstream activities off the shores of Azerbaijan. They will seek to reduce emissions, increase energy efficiency and optimise the total cost of ownership.

Currently, upstream operations in the Caspian Sea rely mainly on electricity from natural gas. Replacing this with sustainable energy would reduce emissions and increase gas exports. If realised, this pilot floating wind project will be the first offshore wind installation in Azerbaijan, SOCAR noted.

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Aze.Media offers an independent and strategic insight on socio-cultural, political and economic life in Azerbaijan. We are thinkers of diverse disciplines spread across countries working together as one team to provide international audiences with an alternative point of view on Azerbaijani and foreign realities.

Email: editor@aze.media


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