• SOCAR conducts the digital transformation of its oil and gas production. 

SAP UFAM (a joint solution of SAP and OIS) will combine production processes in one system and will be integrated into the digital core of the enterprise - SAP ERP. The start of industrial operation of UFAM is scheduled for June 2020.

SOCARs vice-president for field development Yashar Latifov said: 
“SOCAR strives to use advanced technologies in business processes and production, while setting industry standards for oil production and supporting the government policy on digitalization of the economy. The implementation of UFAM platform will consolidate disparate data from various production systems. It will carry out integrated analysis to ensure that wells are operated in accordance with the approved potential, and also optimize geological and technical measures.”.

KeyFacts Energy: SOCAR Azerbaijan country profile