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Karabagh | |
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Country | Azerbaijan |
Location | Caspian Sea |
Offshore/onshore | Offshore |
Partners | SOCAR(50%), Equinor (50%), |
Field history | |
Discovery | 1965 |
Karabagh (Azerbaijani: Qarabağ) is an offshore oil and gas field in the Caspian Sea, located 120 km (75 mi) east of Baku, Azerbaijan, in the northern part of Absheron archipelago. A risk service agreement (RSA) for the development of the Karabagh field was signed on 30 May 2018, between SOCAR and Equinor (Statoil). The Karabagh oilfield is located 120 kilometres east of Baku, close to the SOCAR operated Shallow Water Gunashli (SWG) field and the BP operated Azeri Chirag Gunashli (ACG) field.[1]
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