State Oil Company of Azerbaijan Republic (SOCAR)

Tatneft and SOCAR to develop Bibi-Eybat field

Tatneft and SOCAR to develop Bibi-Eybat field

Russian oil company Tatneft, in collaboration with the State Oil Company of Azerbaijan (SOCAR), is set to undertake the development of Azerbaijan's Bibi-Eybat field. Tatneft's CEO Nail Maganov highlighted the strategic …

SOCAR envisages implementation of new projects

SOCAR envisages implementation of new projects

The State Oil Company of Azerbaijan Republic (SOCAR) plans to implement new projects, Advisor to the Vice President at SOCAR Sariyya Buniyatova said at the Baku Energy Forum. "We are actively developing and expanding …

Uzbekneftegaz may join Shah Deniz project

Uzbekneftegaz may join Shah Deniz project

Uzbekistan's national oil and gas company, Uzbekneftegaz, plans to participate in the project to develop the Shah Deniz gas field in the Azerbaijani sector of the Caspian Sea, Uzbek Investment, Industry and Trade Minister Laziz Kudratov told …

SOCAR chairman appointed AFFA president

SOCAR chairman appointed AFFA president

Azerbaijan Association of Football Federations (AFFA) has hosted a Report-Election Conference on April 2 in Baku. During the conference, President of Azerbaijan's State Oil Company (SOCAR) Rovshan Najaf was elected …

SOCAR acquires assets in Karabakh field

SOCAR acquires assets in Karabakh field

Azerbaijan's state oil company SOCAR has acquired Equinor’s shares in Azeri-Chirag-Gunashli (ACG), Karabakh fields and Baku-Tbilisi-Ceyhan (BTC) project, the SOCAR press service reported. A meeting was held on December 22 …

SOCAR and Tatneft sign roadmap for cooperation

SOCAR and Tatneft sign roadmap for cooperation

Azerbaijan's SOCAR and Russia's Tatneft have signed a roadmap for cooperation, Azerbaijani Economy Minister Mikayil Jabbarov said. “We met with Nail Maganov, the General Director of Tatneft, together with Rovshan Najaf, …

Azerbaijan to engage in gas exploration in Israel

Azerbaijan to engage in gas exploration in Israel

Azerbaijan’s state oil company SOCAR, in collaboration with a consortium that includes BP and NewMed, has been awarded a gas exploration license at the Leviathan gas field in …

First VP of SOCAR passes away

First VP of SOCAR passes away

First vice-president of Azerbaijan’s state oil company SOCAR, Khoshbakht Yusifzade, has passed away on October 3. Khoshbakht Yusifzade was born in Pirshaghy village of Baku in 1930. He graduated from the Geology and Exploration …

UAE investing in Azerbaijan's gas field

UAE investing in Azerbaijan's gas field

The deal to sell part of the interest of TotalEnergies and Azerbaijan’s state oil company SOCAR to Abu Dhabi National Oil Company (ADNOC ) in Absheron gas field will further strengthen the strategic relationship between the UAE and …

Azerbaijan starts gas production at Absheron

Azerbaijan starts gas production at Absheron

The State Oil Company of Azerbaijan (SOCAR) and France's TotalEnergies have launched output as part of the first phase of developing the Absheron gas condensate field in the Caspian Sea, TotalEnergies said in a press release. …