logo
Archive

Category: Azerbaijan

SOCAR to increase oil transportation through Russia in 2017

Azerbaijan’s State Oil Company SOCAR and Russia’s Transneft have agreed on volumes of oil transportation via the Baku-Novorossiysk pipeline for 2017, a source in SOCAR…

Azerbaijani companies may develop oil fields in Cuba

There are undiscovered oil fields in the Cuban part of a shelf in the Gulf of Mexico, and Azerbaijani companies could show interest for participation…

SOCAR commissions new well in Caspian Sea

Azerbaijan’s state oil company SOCAR will additionally produce over 5,100 tons of oil annually due to the commissioning of a new horizontal well at the…

SOCAR grows overseas

The State Oil Company of Azerbaijan Republic (SOCAR) plans to continue to expand abroad. The company has invested 4.487 bln USD in foreign projects in…

TPAO’s investments in Azerbaijan exceed $10 billion

The total volume of investments of the Turkish Petroleum Corporation (TPAO) in Azerbaijan exceeded $10 billion, the TPAO CEO Besim Sisman said in an interview…

World Bank approves allocation of loan for TANAP

The World Bank’s Board of Executive Directors today approved a $400 million loan for Turkey and a $400 million loan for Azerbaijan for the Trans-Anatolian…

WB to render technical assistance to Azerbaijani State Oil Fund

The meeting of the Multi-stakeholder Group (MSG) on implementation of the Extractive Industries Transparency Initiative (EITI) in Azerbaijan was held on December 20, 2016 at…

Why So Many Oilmen Killed in Narimanov Oil and Gas Extracting Department?

Yesterday at 5 a.m. as a result of an accident at the oil gathering station №3 of the Oil and Gas Extracting Department (OGED) named…

Accident in Caspian Sea: 10 people missing

Ten people went missing as a result of an accident at the oil-gathering station #3 of the department on oil and gas output of AzNeft…

SOCAR attends 21st Turkmenistan International Oil & Gas Conference

SOCAR attended the annual 21st Turkmenistan International Oil & Gas Conference- Exhibition OGT 2016. According to the press service of SOCAR, the delegation led by…

0

Your Cart