Following the refusal of the AIOC
to cooperate with the Iranian government, the Iranian parliament voted almost unanimously to nationalise the AIOC
and expel its representatives from Iran.
The annual conference of AIOC
is held every year in different parts of India where a number of scientific programmes, sessions, seminars and workshops are held.
As the 1 May Every Dollar Counts campaign start date neared, the AIOC
team defined metrics, reviewed idea entry points, readied our SharePoint site, and pondered the burning question on all our minds: "What if we're flooded with idea submissions?" As it turned out our concern was realized as we were inundated and overwhelmed.
We look forward to building upon our established relationship with AIOC
and BP, key RDS clients in the Caspian, North Sea and internationally.
The company has stakes in AIOC
, the gas-rich Shah Deniz consortium and the Alov venture (see Gas Market Trends).
Bouygues Offshore has announced that it was chosen by the Azerbaijan International Operating Company (AIOC
) consortium on July 11 to act as an intermediary in the supply of offshore structures worth Euro 170 million.
is a client of former secretary of state James Baker's law firm.
The consortium of oil companies extracting Azeri Caspian oil, the Azerbaijan International Operating Consortium (AIOC
), has come under great pressure to construct the line despite its reservations -- which centrally revolve around the cost of the route when compared to projections of future oil prices.
But since 1993, when the first contract was signed by Chevron in the Tengiz field in Kazakhstan, and 1994, when BP and Amoco, as members of the 11 company AIOC
consortium, signed their contract in Azerbaijan, progress in these and other ventures has been limited.
Azerbaijan operates the field in co-operation with a joint venture called AIOC
including 10 oil companies and lead by BP Amoco.
Experience gained at Tengiz has also led Chevron to partner 11 other companies in the development of 4 Bbbl of Caspian Sea reserves in the Azerbaijan International Operating Company (AIOC