Caspian Sea field participation. (Pennzoil Caspian Corp. and Ramco Energy Ltd.) From: Energy Report | Date: June 1, 1993 | COPYRIGHT 1993 Springfield Information Services. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Pennzoil Company and Ramco Oil Services plc, have announced that their subsidiaries, Pennzoil Caspian Corporation and Ramco Energy Limited, have agreed to terms issued this month by the State Oil Company of the Azerbaijan Republic (SOCAR) and have accepted a 17% gross participation share in the joint development of the Gunashli, Chirag and Azeri Fields in the Caspian Sea, offshore Azerbaijan Republic. The remainder of the participating interest will be held by Turkish Petroleum Corpo...

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