State Oil Company of Azerbaijan Republic (SOCAR)

BP and SOCAR sign new Azeri oil deal

Oil major BP and Azerbaijan’s state energy company SOCAR signed an agreement on Friday to build a new exploration platform for the South Caucasus nation’s three major oilfields, BP-Azerbaijan said in a statement, Arab News …

Read
Azerbaijan to prepare TANAP for testing in summer

Azerbaijan expects to fully prepare the Trans-Anatolian Natural Gas Pipeline (TANAP) in June 2019 for the start of test gas supplies to Europe, Azerbaijan’s state oil company SOCAR said. The final phase of the work as part of the …

Read
Baku to host SOCAR International Forum for 4th time

The 4th SOCAR International Caspian and Central Asia Downstream Forum will be held in Baku on April 22-25. The forum delegates will be provided with detailed information on trading activities in the Caspian as well as an overview of …

Read
Lachin oil tanker launched in Baku

A new oil tanker 'Lachin' will be commissioned in Azerbaijan in June 2019. The tanker launching ceremony was held at the Baku Shipyard today. The ceremony was attended by Azerbaijani Economy Minister Shahin …

Read
SOCAR to return to offshore fields today

Suspension of production at offshore oil and gas fields due to the strong wind in Azerbaijan will not have a big impact on the average annual indicators, the SOCAR press service said. The company said that the oil workers will return to …

Read
SOCAR intends to invest $ 20 billion in Turkey

Today, Mesut Ilter, the director general of the Azerbaijani oil giant SOCAR’s subsidiary STAR Refinery, reported about the company’s intentions to invest in the Turkish economy up to $ 19.5 billion in the near future. He …

Read
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 …

Read

Populars