Firt presence of the Group with the opening of an office in Baku
The Azerbaijani sector of the Caspian Sea poses a number of technical challenges. Drilling and development are complicated by geographic location, being isolated from other sea routes, and make rig and heavyequipment transportation difficult.
1996, Opening of the Total office in Baku.
2002, On the Absheron permit (TotalFinaElf 20%), exploration work continued after encountering oil showings on the first well.
2009, Production and Sharing Agreement (PSA) signed with the State Oil Company of Azerbaijan (SOCAR) on the Absheron block.
2011, First well drilled in Absheron.
2018, Start of the drilling campaign with the new semi-sub drilling rig Heydar Aliyev.