State Oil Company of Azerbaijan Republic (SOCAR)

SOCAR Petrofac company registered in Azerbaijan

A joint venture of Azerbaijan’s state oil company SOCAR and UK’s Petrofac international service provider to the oil and gas production and processing industry - SOCAR Petrofac passed state registration, the newspaper of …

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TANAP Gets $1B In Funding

The European Investment Bank has approved the loans for the gas pipeline from Azerbaijan to Turkish and European markets

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SOCAR announces time of starting Shah Deniz 2 output

Azerbaijan plans to start gas output as part of the second stage of development of Shah Deniz gas and condensate field (Shah Deniz 2) this autumn, perhaps September, Natural Gas World (NGW) learned from Azerbaijan’s state oil company SOCAR, …

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SOCAR may open network of filling stations in Belarus

Belarus and Azerbaijan intend to work out the issue of opening a network of filling stations of Azerbaijan’s state oil company SOCAR in Belarus, Ambassador Extraordinary and Plenipotentiary of Belarus to Azerbaijan Gennady …

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SOCAR buys two Austrian companies

SOCAR’s daughter company in Switzerland SOCAR Energy Holdings has purchased filling stations of A1 Company and Pronto Oil firm in Austria.   SOCAR Energy Holdings invests a part of its past five years’ revenues in …

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Russian gas returns to Azerbaijan

Russia's Gazprom has started natural gas deliveries to Azerbaijan, a source in the state oil company SOCAR said. "This gas will be pumped into underground gas storage facilities for further use in processing or for domestic …

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 Gazprom returning to Azerbaijani market

Gazprom Export LLC and Azerbaijan’s state oil company SOCAR agreed on resuming natural gas deliveries to Azerbaijan, the Russian company in a statement. The relevant contract was signed in Moscow on November 21, 2017. The …

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 SOCAR commissions new well in Caspian Sea

Azerbaijan’s state oil company SOCAR will produce additional 3650 tons of oil per year as a result of commissioning of a new well at Oil Rocks offshore field, the message on SOCAR’s website says. Eleven tons of oil is …

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SOCAR to increase oil and gas output

Azerbaijan’s state oil company SOCAR will produce additional 5500 tons of oil and 657,000 cubic meters of gas annually as a well was commissioned after overhaul in Sangachal Deniz-Duvanni Deniz-Khara-Zira offshore field. The …

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SOCAR allots fuel to tackle fires in Georgia

SOCAR Georgia Petroleum LLC, a subsidiary of Azerbaijan’s state oil company SOCAR, has allotted 65 tons of fuel to fight the fires in the Borjomi-Kharagauli National Park. According to the company's message, all SOCAR …

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