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GL GROUP APPOINTS TWO SENIOR VICE-PRESIDENTS
GL Group have announced the appointment of two Senior Vice-Presidents: Gilbert Beuhler as Sen...
MOL SIGNS MAJOR AGREEMENT TO DEVELOP GAS RESERVES OF THE ACG FIELD
MOL Group and its Joint Venture (JV) partners signed commercial agreements for the developmen...
APOLLO PARTNERS WITH BP IN TRANS ADRIATIC PIPELINE
Apollo Funds to become a non-controlling shareholder in bp Pipelines TAP Limited, an entity wh...
ENI AND SOCAR SIGN ENERGY SECTOR AGREEMENTS
Eni and Azerbaijan’s state energy company SOCAR have today signed three Memorandums of Unde...
ENI CEO MEETS THE MINISTER OF ECONOMY OF THE REPUBLIC OF AZERBAIJAN
Eni CEO Claudio Descalzi and SOCAR (State Oil Company of Azerbaijan Republic) CEO Rovshan Najaf s...
SOUTHERN GAS CORRIDOR CJSC TO SELL A 5% STAKE IN THE SHAH DENIZ PSA
Southern Gas Corridor CJSC (“SGC”) has entered into a sale and purchase agreement wit...
BP BEGINS OIL PRODUCTION FROM MAJOR NEW PLATFORM OFFSHORE AZERBAIJAN
Azeri Central East (ACE) platform is technologically and digitally the most advanced bp-operat...
EQUINOR SELLS ITS INTERESTS IN AZERBAIJAN TO SOCAR
The Deepwater Gunashli platform in the Caspian Sea. (Image: bp) Equinor and SOCAR (State O...
MASDAR SIGNS 1GW CLEAN ENERGY AGREEMENT IN AZERBAIJAN
Masdar signs three investment agreements for two solar projects and one onshore wind project ...
TOTALENERGIES CELEBRATES INAUGURATION OF THE ABSHERON GAS FIELD
On the occasion of the inauguration ceremony of the Absheron gas field, whose first development p...
ADNOC TO ACQUIRE 30% EQUITY STAKE IN ABSHERON GAS FIELD
ADNOC to invest in Azerbaijan as it delivers on its strategic growth agenda and entr...
TOTALENERGIES BEGINS PRODUCTION IN THE ABSHERON GAS FIELD IN AZERBAIJAN
TotalEnergies and its partner SOCAR (State Oil Company of the Republic of Azerbaijan) announce th...
SOCAR IS TO INCREASE ITS PARTICIPATION IN SHAH DENIZ AND SOUTH CAUCASUS PIPEL...
Following Petronas’s decision to sell its stakes in the production sharing agreement for th...
SOCAR REPORTS INCREASED OIL AND GAS PRODUCTION IN Q3 2021
SOCAR achieved growth in drilling and production in the third quarter of 2021. The company conduc...
LUKOIL INCREASES ITS SHARE IN THE SHAH DENIZ PROJECT IN THE CASPIAN SEA
LUKOIL has concluded an agreement on acquiring 15.5% interest in the Shah Deniz natural gas proje...
LUKOIL JOINS BP IN CASPIAN SEA EXPLORATION PROJECT
LUKOIL signed an agreement on acquiring a 25% participating interest in the Shallow Water Abs...
SOCAR AND TECHNIP ENERGIES ENTER AGREEMENT FOR OFFSHORE SUSTAINABLE ENERGY DE...
SOCAR and Technip Energies entered today a cooperation agreement to study sustainability meas...
SOCAR-EQUINOR EXPLORATION PROJECT DELIVERS ENCOURAGING INITIAL RESULTS
On March 16, SOCAR President Rovnag Abdullayev met a delegation led by Al Cook, Executive Vice Pr...
ZENITH ENERGY EXITS AZERBAIJAN
Zenith Energy, the listed international oil & gas production company focused on pursuing Afri...
OIL AND GAS COMPANIES SIGN MOU ON CASPIAN ENVIRONMENTAL PROTECTION INITIATIVE...
Earlier this week, a Memorandum of Understanding on CEPI-Caspian Environmental Protection Initiat...
SOCAR REPORTS 2019 RESULTS
Net profit AZN 651 million Non-current assets AZN 46,2 billion Cash and cash equivalents A...
ZENITH ENERGY EXITS AZERBAIJAN
Zenith Energy today announced that the handover process of the Contract Rehabilitation Area (&quo...
SOUTH CAUCASUS PIPELINE TECHNICAL OPERATORSHIP TRANSFERS TO SOCAR
The South Caucasus Pipeline Company (SCPC) announces that as from 20 March 2020 technical operato...
SOCAR LAUNCHES DIGITAL FIELD PROJECT BASED ON SAP UFAM
SOCAR conducts the digital transformation of its oil and gas production. SAP UFAM (...
CHEVRON SELLS AZERBAIJAN ASSETS TO MOL
Chevron have sold their non-operating interests in the Azeri-Chirag-Deepwater Gunashli (ACG) oil ...
SOCAR, EQUINOR CONFIRM DISCOVERY OF KARABAGH OIL FIELD IN AZERBAIJAN
SOCAR and Norway’s Equinor have confirmed a discovery of Karabagh field located 120 kilomet...
WORLEY ANNOUNCES CHIRAG PLATFORM CONTRACT AWARD
Azerbaijan International Operating Co. (AIOC) has awarded Worley a contract for engineering, proc...
BP REPORTS FIRST SHAFAG-ASIMAN EXPLORATION WELL SPUDDED OFFSHORE AZERBAIJAN
BP announced today that the first exploration well was spudded on the Shafag-Asiman offshore bloc...
MOL AQUIRES 9.57% STAKE IN AZERBAIJAN’S ACG OIL FIELD AND 8.9% IN THE BTC PIP...
MOL today signed an agreement with Chevron Global Ventures, Ltd and Chevron BTC Pipeline, Ltd to ...
SOCAR REPORTS 25% INCREASE IN GAS PRODUCTION IN FIRST QUARTER OF 2019
SOCAR commissioned its highest-capacity well drilled at Umid field; it will produce 900 millio...
SOCAR-TOTAL JOINT VENTURE ANNOUNCES ITS LIQUIDATION
SOCAR Absheron, a joint venture of the Azerbaijani state-owned company SOCAR and Total, announces...
BP ANNOUNCES THE START-UP OF SHAH DENIZ 2, AZERBAIJAN
BP and its partners announced the start-up of Shah Deniz 2 on 30th June 2018, including its f...
SOCAR AND BP SIGN NEW PRODUCTION SHARING AGREEMENT FOR AZERBAIJAN EXPLORATION
SOCAR and BP today signed a new production sharing agreement (PSA) for the joint exploration and ...
NOBEL UPSTREAM COMPLETES RISK SERVICE AGREEMENT WITH SOCAR ON THE UMID-BABEK ...
Nobel Upstream, an independent UK-based oil and gas exploration and production company has announ...
AZERBAIJAN GOVERNMENT AND CO-VENTURERS SIGN AMENDED AND RESTATED AZERI-CHIRAG...
The Azerbaijan government and the State Oil Company of the Republic of Azerbaijan (SOCAR), togeth...
NEW STATE-OF-THE-ART SUBSEA CONSTRUCTION VESSEL LAUNCHED IN BAKU TO SUPPORT S...
The Shah Deniz consortium announce the launch of the Khankendi - a new flagship vessel for the Ca...
SOCAR AND BP-OPERATED AIOC SIGN PRINCIPLES OF AGREEMENT ON FUTURE DEVELOPMENT...
SOCAR (the State Oil Company of the Republic of Azerbaijan) and AIOC (the Azerbaijan Internationa...