Baku
Total to focus on Caspian Sea Absheron gas field The French major Total and its partners, the State Oil Company of Azerbaijan Republic (SOCAR) and the other French oil and gas company GDF-Suez, are finalizing the conceptual design to develop the Absheron offshore gas field in the Azerbaijan Caspian Sea. This decision on the design to […]
BP recommends AIOC to add platforms before 2021 As the operator of the Azeri-Chirag-Gunashli (ACG) oil field in the Caspian Sea of Azerbaijan, Azerbaijan, BP shared with his partners, the State Oil Company of Azerbaijan (Socar), Inpex, Chevron, ExxonMobil, Statoil, TPAO, Itochu and ONGC Videsh, in the Azerbaijan International Operating Company (AIOC) his recommendations to maintain […]
Shah Deniz Stage-2 to go for Full Field Development The London-based BP and its partners, Statoil from Norway, the State Oil Company of Azerbaijan (SOCAR), Total from France, Lukoil from Russia, the National Iran Oil Company (NIOC), and Türkiye Petrolleri Anonim Ortaklığı (TPAO) from Turkey, have made the final investment decision (FID) for the Shah Deniz […]
Haldor Topsoe wins Socar Sumgayit Ammonia Licence The national State Oil Company of Azerbaijan Republic (Socar) selected the Danish catalysis expert Haldor Topsoe to provide its first integrated fertilizer project in Azerbaijan with its ammonia technology. With a budget of $650 million capital expenditure, the Republic of Azerbaijan has made the final investment decision (FID) […]
Azerbaijan Key Projects and Business Highlights With giant projects such as Azeri-Chirag-Guneshli (ACG), the Baku-Tbilisi-Ceyhan (BTC) pipeline, and the Shah Deniz Phase-2, Azerbaijan has joined the largest producing countries of natural gas. The reserves of the Caspian Sea offshore Azerbaijan have attracted all the major companies BP, Inpex, Chevron, Itochu, Hess, Statoil , Total or Turkish Petroleum among others. […]
KBR wins Azeri OGPC Gas Processing Plant PMC The State Oil Company of Azerbaijan (SOCAR) selected the Houston-based engineering company KBR to provide project management consultancy (PMC) for the front end engineering and design (FEED) of the gas processing plant (GPP) within its Oil & Gas Processing and Petrochemical Complex (OGPC) project in Azerbaijan. In April 2012, […]
Statoil aims at major interests in giant Umid gas field In January 2013, the Norwegian Foreign Minister Espen Barth Eide supported by Statoil International development and production chief Lars Christian Bacher paid a state visit to Azerbaijan President Ilham Aliyev to promote the Norway national oil company to increase the partnership with the State Oil […]
Producing oil and gas for the world Established in 1992 from the Azerineft State Concern and Azerneftkimya Production Association, the State Oil Company of the Azerbaijan Republic (SOCAR) received the mandate as national oil company to : – Improve the management structure of the oil and gas industry – Develop the energy industry In this […]
