State Oil Company of Azerbaijan Republic (SOCAR)

LUKOIL to enter exploration project in Caspian sea

LUKOIL signed an agreement yesterday on acquiring a 25% participating interest in the Shallow Water Absheron Peninsula (SWAP) exploration project in the Azerbaijan sector of the Caspian Sea from BP. The deal is expected to complete …

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BP boosts offshore gas production in Azerbaijan

BP has announced the start of gas production under the second phase of the Shah Deniz offshore project in Azerbaijan’s deep-water sector of the Caspian Sea, with the UK supermajor also resuming plans to start long-discussed shallow water exploration drilling in the country

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SOCAR Supervisory Board established in Azerbaijan

Today, Azerbaijani President Ilham Aliyev signed a decree on measures to improve the management of the State Oil Company of Azerbaijan (SOCAR), creating a Supervisory Board for the general management of the company’s …

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Azerbaijan begins commercial gas deliveries to Europe

The Shah Deniz consortium today announced commencement of commercial gas deliveries to Europe from the Shah Deniz gas field in the Caspian Sea offshore Azerbaijan via the newly-completed Southern GasCorridor (SGC) pipeline system, accord to the …

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Europe awaits Azerbaijani gas

Caspian output to reach Europe while Turkmenistan eyes supplier role, SOCAR says. In an interview with Nikkei Asia, SOCAR's vice president said "there are no obstacles left to build new pipelines in the Caspian Sea." 

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Turkey and Azerbaijan to build new gas pipeline

The Turkey-Nakhchivan natural gas pipeline will ensure the security of Nakhchivan’s energy supply via natural gas, which will flow through Turkey to the Azerbaijani exclave, Turkish Energy Minister Fatih Dönmez said Tuesday

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Explosion occurs on SOCAR’s gas pipeline

An accident occurred on the 23-kilometer part of the Galmaz-Gazimamed gas pipeline with a diameter of 720 millimeters, on Aug.7, at about 20:55, Ibrahim Ahmadov, deputy head of the public relations and events department at Azerbaijan's state …

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SOCAR to send fourth part of oil to Belarus

Azerbaijan's State Oil Company SOCAR will send a new batch of oil to Belarus this week, Deputy Chief of SOCAR's Public Relations and Events Department Ibrahim Ahmadov said. According to him, Azerbaijan will send 85-90,000 …

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Azerbaijan's tanker "Lachin" starts its first run

Azerbaijan’s first national tanker 'Lachin', built at Baku Shipyard, set off for its first run today, press-service of SOCAR reported on Facebook. From Baku port the ship will depart to Georgian port Kulevi. After …

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Caspian Karabakh discovery confirmed

SOCAR and Norway’s Equinor have confirmed today a discovery of Karabagh field located 120 kilometers offshore, east of Baku, in the Azerbaijan sector of the Caspian Sea. According to SOCAR website, drilling of the first appraisal …

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