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Tag Archives: SOCAR

SOCAR, BP to cooperate to reduce methane emissions

SOCAR, BP

On December 15, the State Oil Company of Azerbaijan (SOCAR) and BP Azerbaijan announced a joint initiative to reduce methane emissions in Azerbaijan. The collaboration is part of the Advancing Global Methane Reduction (AGMR) initiative, which is part of the Methane Guiding Principles (MGP), Azernews reports. The initiative focuses on instigating methane …

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President of SOCAR receives CEO of TotalEnergies

SOCAR

President of the State Oil Company of the Republic of Azerbaijan (SOCAR) Rovshan Najaf met with the CEO of TotalEnergies Patrick Puyane, Azernews reports, citing SOCAR. ​ At the meeting, satisfaction was expressed with the long-term effective cooperation between SOCAR and TotalEnergies, and the strategic importance of jointly implemented projects in terms …

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SOCAR discusses coop with DeGolyer & MacNaughton

SOCAR

Within the framework of cooperation between SOCAR and DeGolyer and MacNaughton, work has begun on counting 27 fields according to SPE-PRMS classification in the Azerbaijani sector of the Caspian Sea, Azernews reports. The State Oil Company of the Republic of Azerbaijan (SOCAR) reports that SOCAR President Rovshan Najaf met with John Wallace, …

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SOCAR, State Service for Antimonopoly discuss cooperation

SOCAR

A meeting was held between Ziba Mustafayeva, Vice President of the State Oil Company of the Republic of Azerbaijan (SOCAR), and Jafar Babayev, Deputy Head of the State Service for Antimonopoly Supervision and Consumer Market Control under the Ministry of Economy of the Republic of Azerbaijan, Azernews reports, citing SOCAR. At the meeting, they …

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SOCAR, Microsoft sign MoU

SOCAR

The State Oil Company of the Republic of Azerbaijan (SOCAR) and Microsoft have signed a Memorandum of Understanding, Azernews reports. The memorandum envisages cooperation in digitalization, innovation, enhancing IT infrastructure, developing human capital, including exploration, production, processing, and marketing, transportation, and cyber security. As a result of SOCAR’s proactive initiative and effective …

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SOCAR Turkiye’s investments have reached $18bn

SOCAR

The investments of SOCAR Türkiye have reached $18bn, Azernews reports, citing the CEO of SOCAR Turkiye, Elchin Ibadov’s interview given to international media outlets. “SOCAR is the largest foreign direct investor in Turkiye. As a company operating in the field of energy, which is one of the most priority areas for the …

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