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Category: Azerbaijan

SOCAR AQS Entered Turkish Drilling Services Market

SOCAR AQS and China CAMC Engineering Co., Ltd. – IC İçtaş Construction Industries & Trade Inc. signed the drilling contract for Tuz Golu underground gas…

SOCAR AQS successfully completes next well drilling on West Absheron field

SOCAR AQS completed the works on construction of well # 18, with target depth of 739m, successfully, without any incidents and without harming the environment….

Assets of State Oil Fund of Azerbaijan for First Time Exceed $40 Bn

Assets of the State Oil Fund of Azerbaijan (SOFAZ) in the first quarter of 2019 increased by 4.56% to $ 40 billion 273.3 million, the…

SOCAR AQS Sponsored and Participated in the Career Week

SOCAR AQS Sponsored and Participated in the Career Fair within Career Week event at ADA University February 27 – March 1, 2019 – SOCAR AQS…

SOCAR Preparing to Enter Bulgarian Gas Market

SOCAR Balkans (Balkan subsidiary of SOCAR) will prepare a model for doing business in Bulgaria, the head of the company Murad Heydarov said. “Each market…

Azerbaijan Increased Gas Exports to Turkey by 15% in 2018

Azerbaijan exported 7,521.15 million cubic meters (mcm) of gas from the Shah Deniz field to Turkey in 2018, which is 14.9% higher than in 2017,…

SOCAR Polymer Announces Production Volumes in 2019

SOCAR Polymer plans to produce 80-100 thousand tons of high density polyethylene (HDP) in 2019, the head of the company Farid Jafarov said. “This year,…

Azerbaijan Sharply Increased Commercial Gas Production in January

Oil production in Azerbaijan in January 2019 amounted to 3,337.7 thousand tons, which is 0.8% less than the same period last year. According to the…

Argus Fertilizer Conference to be held in Baku

Argus Fertilizer 2019. Production and Logistics in the Caspian and Black Sea Region international conference will take place on 14-15 March in Boulevard Hotel Baku,…

Socar Talking W/ Total, Lukoil on New Natgas Blocks in Caspian

Talks with France’s Total on exploration and development of Umid and Babak natgas blocks in Azerbaijan’s section of Caspian Sea resumed after being interrupted over…

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