SOCAR

SOCAR AQS plans to continue drilling in Bangladesh

Azerbaijani SOCAR AQS completed drilling at one of the wells in Bangladesh in January 2019. This was announced by SOCAR AQS chief director Ramin Isaev.

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SOCAR’s head: sale of shares of Chervron and ExxonMobil in Azeri-Chirag-Gunashli project to be conducted through tender

SOCAR and its foreign partners in the project of the Azeri-Chirag-Gunashli block of fields development intend to participate in a tender for purchase of shares in this project, which will be put up

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Azerbaijan plans to start gas supplies to Europe via TAP in 2020

Commercial deliveries of the Azerbaijani gas via the Trans-Adriatic gas pipeline (TAP) to Europe will begin in the second half of 2020, the head of the State Oil Company of Azerbaijan’s Inves

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SOCAR to supply 1 mln tons of petroleum products per year to Pakistan

SOCAR Trading, a subsidiary of SOCAR, will conclude a long-term contact, providing for supply of more than 1 million tons of petroleum products per year to Pakistan.

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In Q1, SOCAR increased export of petroleum and petrochemical products

SOCAR exported 456.379 thousand tons of petroleum and petrochemical products in the first quarter of 2019, which is by 10.5% more than in the previous year, the Interfax reports.

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SOCAR expects to produce up to 900 mln cubic meters per year from new well at Umid

Operating company Umid-Babek (UBOC) has commissioned a new production well №16 at the Umid field in the Azerbaijani sector of the Caspian Sea, SOCAR reports in its statement.

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In Q1, oil production in Azerbaijan increased by 0.1%, gas – by 25%

In the first quarter of 2019, oil production in Azerbaijan increased by 0.15% compared to the same period of the previous year to 9.694 million tons, the press centre of SOCAR informs.

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Since June 2018 Turkey received 1.4 billion cubic meters of Azerbaijani gas via TANAP - SOCAR

In 2018-2019, the Shah-Deniz consortium delivered 1.4 billion cubic meters of gas to Turkey via the Trans-Anatolian gas pipeline (TANAP), SOCAR (State Oil Company of Azerbaijan) said.

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Azerbaijani-German joint venture Turan Drilling & Engineering becomes BP contractor for projects in Azerbaijan, cost of contract - $500 million

The British company BP has signed a contract for drilling wells and design and engineering work in the Azerbaijani sector of the Caspian Sea worth $500 million, the press service of the company sai

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Azerbaijan and Indonesia discuss cooperation in oil industry

SOCAR and Indonesian Pertamina plan to discuss cooperation issues. This was reported by vice-president of the Azerbaijani company for investment and marketing Elshad Nasirov.

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