Tag Archives: SOCAR

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, …

President of the State Oil Company of Azerbaijan Republic (SOCAR) Rovshan Najaf has met with Chairman of Turkmengas State Concern Batyr Amanov and Chairman of Turkmennebit State Concern Guvanch Agajanov. During the meeting, the sides emphasized the successful development of mutual cooperation between Azerbaijan and Turkmenistan in various fields, including …

A delegation led by Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), visited the bp-operated Shah Deniz Bravo platform. The purpose of the visit was to get acquainted with the current operations and processes and to discuss the existing and future opportunities for the …

Azerbaijan’s State Oil Company (SOCAR) and Romanian Romgaz have signed a memorandum of understanding on cooperation, Azernews reports. The document was signed by SOCAR Vice President Elshad Nasirov and Romgaz S.N.G.N Deputy Chief Officer Aristotel Jude during the visit of Economy Minister Mikayil Jabbarov, Energy Minister Parviz Shahbazov and SOCAR …

Azerbaijan’s State Oil Company (SOCAR) is supposed to at least double gas exports via the Southern Gas Corridor (SGC) by 2027, the company’s President Rovshan Najaf said during the 2nd Azerbaijan-Turkiye Energy Forum, Azernews reports per Trend. “Therefore, we are discussing plans on expanding the TAP and TANAP pipeline capacities. …