George MacDonald, Manager
ExxonMobil Azerbaijan Operating Company (EAOC) is the operator of the Nakhchivan Prospect, a contract which was signed in the White House during President Aliyev's official visit to Washington, D.C., in August 1997.
Less than two months after the agreement became effective, EAOC contracted Caspian Geophysical to undertake a 3-D seismic which was completed on April 20, significantly ahead of schedule. Currently, Caspian Geophysical is processing the 3-D seismic data and will deliver the final data set by the end of 1998.
Signed August 1,1997
Ratified November 14,1997
Exxon Mobil affiliates have
been quite involved in humanitarian, educational and cultural
projects in Azerbaijan, sponsoring two scholarship programs which
enable Azerbaijani students to study in the U.S. They regularly
sponsor shipments of medical supplies to hospitals and refugees.
The first comprehensive Azerbaijani-English
dictionary in the history of the country was published
by them. The Cyrillic version came out in 1996 and the new Latin
script is expected soon.