SOCAR, the state oil company of Azerbaijan, has signed an addendum to an existing PSA. The addendum is for the Azeri-Chirag fields and the deep-water portion of the ACG in the Azerbaijan sector of the ...

BAKU. April 14 (Interfax) - A consortium that includes the State Oil Company of Azerbaijan Republic (SOCAR), UK major BP and NewMed Energy will begin 3D seismic surveys in Zone 1 on Israel's ...

The countries are now actively developing cooperation in the area of gas supplies. SOCAR signed a contract with Srbijagas in November 2023 to supply up to 400 mcm of gas in 2024-2026, with the ...

BP plc BP, the UK-based energy major, and Azerbaijan’s SOCAR have entered Israel’s offshore gas sector through a joint licensing agreement with NewMed Energy, the Israeli Energy Ministry announced on ...

Azerbaijan state oil company Socar is partnering with western companies in a drive to raise its international profile and establish a stronger upstream presence, writes Kama Mustafayeva. However, ...

A fire broke out accompanied by an explosion at an oil depot of SOCAR Petroleum CJSC—a subsidiary of the State Oil Company of Azerbaijan, SOCAR—in the Kazakh region of western Azerbaijan on Wednesday.

BAKU, Dec 20 (Reuters) - Azerbaijan's state energy firm SOCAR aims to achieve net zero carbon emissions in early 2022 in extracting oil and gas at its own sites, a company official told Reuters. Oil ...

It is reported that the mobility platform SOCAR is conducting voluntary resignations for underperforming employees. SOCAR has been experiencing losses after a temporary profit in 2022. According to ...

Exa Infrastructure and Socar Fiber have partnered to develop a new terrestrial cable connecting Turkey, Greece, and Georgia. The new 1,850km cable will span the breadth of Turkey (officially Türkiye), ...

Socar Trading said it’s making a major push into small-scale LNG gas-to-power infrastructure projects to bolster its global role in the handling of the super-chilled gas. The trading arm of Azerbaijan ...