BAKU -- RWE Dea has inaugurated its new branch office in Baku, from where it plans to grow its activities in the Azeri sector.
The company hopes to transfer its experience in shallow-water field developments, and has held talks with state oil company Socar in this regard.
According to Dr Manfred Dworatzek, RWE Dea’s senior vice president, exploration/new ventures, “an outstanding example of our know-how is the Mittelplatte drilling and production island in Schleswig-Holstein’s Wattenmeer tidelands national park [offshore northern Germany].”
Dworatzek claimed operations here had operated incident-free for almost 22 years.
The company is also one of six shareholders in the consortium for the proposed Nabucco pipeline, which would export gas from the Caspian region (including Azeri offshore fields) to Europe.
Earlier this year, RWE Dea entered an Energy partnership with Turkmenistan. Following reciprocal visits by German and Turkmen delegations, the two parties have agreed to investigate potential for direct deliveries of gas from Turkmenistan to Germany and other countries in Europe.
RWE Dea is also aiming to engage in exploration and development of gas in the western Turkmen section of the Caspian Sea.