Azerbaijani oil and gas

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Fire at Azerbaijan's Gunashli platform extinguished

The Ministry of Emergency Situations and the State Oil Company of Azerbaijan (SOCAR) have announced the completion of the extinguishing a fire at the offshore platform 'Gunashli-19' in the Azerbaijani sector of the Caspian Sea on …

Indian-Turkish consortium to build TANAP section

Construction of the last part of Trans-Anatolian Pipeline (TANAP) in Turkey will be carried out by 'Limak' (Turkey)-'Punj Lloyd'(India)-'Kalyon Group' (Turkey) consortium of companies. 'Limak' Board of …

New stage of Shah Deniz project launched

Shah Deniz Stage 2 project is of great importance for Azerbaijan, the country’s President Ilham Aliyev said at the Shah Deniz Stage 2 Production and Risers Platform Jacket Sail Away Event. "I congratulate …

TAP gets installation permit from Greece

The Greek Ministry of Environment and Energy has granted Trans Adriatic Pipeline (TAP) its Installation Permit, TAP reported. "Together with the Installation Act, secured in January 2016, the Installation Permit allows the pipeline …

 SOCAR announces plans for next decade

The Vice-President of the State Oil Company of Azerbaijan (SOCAR) for strategic development, Tofiq Gahramanov, told journalists about the company's plans for the next 10-15 years. He said that the …

US resumes purchase of Azerbajani oil

The US has resumed the purchase of Azerbaijani oil. According to the website of the Energy Information Administration under the US government, in February 2016 the US purchased 1050 barrels of oil in Azerbaijan. …

SOCAR launches new oil well

State Oil Company of Azerbaijan (SOCAR) will increase the production level to more than 11.3 million tonnes of oil per year due to commissioning of new oil well in Oil Rocks offshore field, the company reported. The oil is extracted …