State Oil Company of Azerbaijan (SOCAR)
Azerbaijan Key Projects and Business highlights 2014 Occupying one of the richest coast of the Caspian Sea in oil and gas resources, the Republic of Azerbaijan is taking a strategic place between Asia and Europe, between Russia and Middle-East countries. Under the coordination of the State Oil Company of Azerbaijan (SOCAR) these oil and gas resources […]
Socar and BP award TANAP EPCM to WorleyParsons The State Oil Company of Azerbaijan (Socar), and its partners, BP from UK, the Turkish State-owned company Boru Hatlari Ile Petrol Tasima Anonim Sirketi (Botas), awarded the engineering, procurement and construction management (EPCM) five years contract to the Australian-based engineering company WorleyParsons for the construction of the […]
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 […]
Shah Deniz Consortium secures funding for TAP BP, State Oil Company of Azerbaijan (SOCAR) and Total, the stakeholders of the Shah Deniz Consortium, have committed to provide the founding to joint venture made of EGL Energy (EGL), Statoil and E.ON Ruhrgas for the Trans Adriatic Pipeline project The Trans Adriatic Pipeline (TAP) is a section of […]
Fujairah builds the third world biggest oil storage hub The Strait of Hormuz is channelizing 35% of the global oil maritime traffic. In a context of increasing tension with the neighboring Iran, Fujairah in the UAE is developing one of the biggest oil storage and export terminal in the world. The storage capacity of the […]
The State Oil Company of Azerbaijan (SOCAR) has invited local and foreign companies in Baku in April to build the partnerships around this $15 billion oil & gas and petrochemical complex in Baku, Azerbaijan. The project includes a: 10 million t/y refinery including 20 processing units 10 billion cum/y gas processing plant of ethane, propane, […]
