State Oil Company of Azerbaijan Republic (SOCAR)

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SOCAR launches production of nanoparticles

SOCAR launches production of nanoparticles

Azerbaijani State Oil Company SOCAR has launched production of nanoparticles, the company's press service reported. The equipment necessary for the production of nanoparticles was developed in partnership with Russia's company …

SOCAR to develop oilfield in Russia?

SOCAR to develop oilfield in Russia?

Azerbaijan’s state oil company SOCAR is in talks with Russia’s Rosneft, Gazprom and Novatek over the development of an oilfield in Russia, SOCAR Vice President Elshad Nasirov said. Nasirov also said that …

Gazprom, SOCAR mull issues of gas supply to Azerbaijan

Gazprom, SOCAR mull issues of gas supply to Azerbaijan

Russian company Gazprom and the Azerbaijani state oil company SOCAR discussed the issues concerning gas supplies to Azerbaijan. These issues were discussed during the meeting between Chairman of the Board of Gazprom Alexey …

SOCAR Polymer fully uses Gazprombank loan

SOCAR Polymer fully uses Gazprombank loan

Director General of SOCAR Polymer LLC Farid Jafarov said that the company has fully used the loan provided by Russia's Gazprombank. In June 2015, the Azerbaijani state-owned company SOCAR and the Gazprombank …

SOCAR Trading in talks to build methanol plant in Russia

SOCAR Trading in talks to build methanol plant in Russia

Azerbaijan plans to export 1.5 million tons of oil via the Baku-Novorossiysk pipeline in 2019, Executive Chairman of SOCAR Trading Adnan Ahmadzade said on the sidelines of the 9th Azerbaijan-Russia Interregional Forum. …

SOCAR-AQS starts drilling of new well at Western Absheron

SOCAR-AQS starts drilling of new well at Western Absheron

SOCAR-AQS said it started work on drilling the next well at Western Absheron field. The drilling depth of well 63 is 724 meters. Works are conducted on the offshore fixed platform number 10. The Azneft Production Association …

SOCAR discovers Georgian regions

SOCAR discovers Georgian regions

SOCAR Georgia Gas, which has been successfully operating in Georgia for more than ten years, agreed to invest new funds in the development of the Georgian gas pipeline network

Industrial event of the year in Azerbaijan

Industrial event of the year in Azerbaijan

A polypropylene plant built within the SOCAR Polymer project in Sumgait Chemical Industrial Park was opened yesterday. The opening ceremony was attended by Azerbaijani President Ilham Aliyev and …

SOCAR to expand cooperation with Ukraine

SOCAR to expand cooperation with Ukraine

President of Ukraine Petro Poroshenko and President of the State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev held a meeting in Kiev, within the framework of which they discussed the prospects of expanding cooperation in the …