Tag Archives: SOCAR

Gas supplies via the Southern Gas Corridor will begin in coming months, Ibrahim Ahmadov, deputy head of the Public Relations and Event Management Department at Azerbaijan’s state oil company SOCAR, told Trend. “After the completion of construction, the Trans Adriatic Pipeline (TAP) was connected to the network of Italian Snam company. …

Azerbaijan and Kazakhstan have discussed the prospects of cooperation in all directions of oil and gas industry. The discussing took place during the meeting of SOCAR President Rovnag Abdullayev with the Chairman of the national company of Kazakhstan “KazMunayGas” Alik Aidarbayev. During the meeting, prospects of wide cooperation between the …

SOCAR Petroleum has put into operation a new petrol station in Salyan region, bringing the number of such stations to 35, the company’s press service reported on September 14. The petrol station is on the Baku-Astara road and will be more convenient to use for drivers travelling from the southern region …

During June-July of this year, despite the reduction of production, the revenue obtained by Azerbaijan from the sale of oil increased by about two times compared to April thanks to the OPEC+ agreement, said Ibrahim Ahmadov, deputy head of public relations and events’ organization department of SOCAR in an interview …

“It is three days that the Sumgait Ethylene-polyethylene factory has been suspended for periodic repair. Currently, the factory is not functioning and the fire didn’t break out in the framework of the production process”, deputy head of the public relations and events’ organization department of SOCAR Ibrahim​ Ahmadov told APA. He …

SOCAR Energy Ukraine, a subsidiary of the State Oil Company of Azerbaijan will finance the construction of a service hub for Ukrainian citizens at the Chongar checkpoint of entry and exit, the press service of the Ministry of Infrastructure reported on May 6. According to the Ministry of Reintegration of …

On April 9, 2020, 23 member countries of OPEC+ discussed the economic recession caused by COVID-19 pandemic and agreed to cut oil production by 9,7 million barrels per day from May 1, 2020, in order to balance supply and demand on the global market. The Republic of Azerbaijan, as a …

SOCAR conducts the digital transformation of its oil and gas production. SAP UFAM (a joint solution of SAP and OIS) will combine production processes in one system and will be integrated into the digital core of the enterprise – SAP ERP. The start of industrial operation of UFAM is scheduled …

The 3D seismic acquisition programme on Block D230, which commenced in December 2019, was safely completed on March 14, BP Azerbaijan told AZERTAC. “Based on great cooperation with SOCAR and the seismic contractor Caspian Geophysical the project was completed successfully and on schedule. The next step is to process the acquired …

The State Oil Company of Azerbaijan (SOCAR) and Uzbekneftegaz JSC have agreed to hold a series of technical meetings in order to share achievements and exchange experience as SOCAR President Rovnag Abdullayev met with chairman of the Board of the Uzbek company Mekhriddin Abdullaev. Rovnag Abdullayev highlighted the use of …