To that end, we organized three presentations. The first described the current status of the oil fields both offshore and onshore, as well as gave an overview of current negotiations with other foreign oil companies. The second presentation, given by Adil Hajiyev, head of the Caspian Oil and Gas Geological Search Trust, discussed aspects of the geological construction of the Caspian region as far as modern geological and geophysical data of the oil and gas bearing fields are concerned. The final presentation by Caspian Geophysical, an American-Azerbaijani joint venture established three years ago, described their success in rendering seismic services to foreign oil companies. They held discussions with the leaders of the organizations involved with the offshore and onshore oil and gas extraction.
Japan has some of the most advanced technologies for developing deep sectors of the Caspian Sea.
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