Tag Archives: SOCAR

Prospects for expanding mutual cooperation in the energy sector between the State Oil Company of Azerbaijan (SOCAR) and the Bolivarian Republic of Venezuela have been discussed, Azernews reports. With reference to SOCAR, this became known during the meeting of SOCAR President Rovshan Najaf with Ambassador Extraordinary and Plenipotentiary of Venezuela to Azerbaijan, …

SOCAR’s stand has been highly appreciated at the XXVIII International Conference and Exhibition “Oil and Gas of Turkmenistan-2023,” Ambassador of Azerbaijan to Turkmenistan Gismat Gozalov wrote on X, Azernews reports. “The international conference and exhibition ‘Oil and Gas of Turkmenistan-2023’ kicked off in Ashgabat. At the event, the stand named SOCAR’s …

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 …

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, …

The State Oil Company of Azerbaijan (SOCAR) and the Kazakh national company KazMunayGas continue to work on increasing oil supplies through the Caspian Sea, Azernews reports. “We are currently developing new routes across the Caspian Sea, in particular through the Baku-Tbilisi-Ceyhan (BTC) oil pipeline. Since March, we have started shipping Tengiz oil …

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 …

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 …

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 …

There are three major benefits of SOCAR Turkiye’s agile transformation so far, Chief Strategy Officer Kanan Mirzayev told McKinsey, Azernews reports. “First, coordination among employees has increased significantly—agile has been successful in aligning the entire organization around common objectives. Rather than focusing on individual performance, our colleagues are putting their …

President of the State Oil Company of the Republic of Azerbaijan (SOCAR) Rovshan Najaf has met with Federal Minister for the Board of Investment of Pakistan Chaudhry Salik Hussain and Minister of State for Petroleum Musadik Masood Malik. During the meeting, the sides hailed the mutual friendly and brotherly relations, …