Seismic hazard assessment is done for oil field areas in the North Caspian region by a method earlier successfully applied to other areas. The method involves general seismic zoning data, available regional databases on recurrence of seismic shaking, known models of ground motion attenuation in seismoactive regions, and data on geological and geophysical surveys in the studied area. The assigned level of seismic hazard of the region is refined using probabilistic analysis; additionally, disaggregation is made and accelerograms are synthesized (the latter are necessary for seismic microzoning of particular sites using the numerical nonlinear analysis of ground seismic response). The amplitude and spectral characteristics of ground motions are obtained which are necessary for seismic resistance design and construction of petroleum industry objects.