Azerbaijan

New Type of Gas Contract to Be Realized in Azerbaijan for First Time
Azerbaijan Materials

New Type of Gas Contract to Be Realized in Azerbaijan for First Time

The Parliamentary Committee on Natural Resources, Energy and Ecology recommends Milli Majlis of Azerbaijan to approve the Risk Service Contract for exploration and development of the block of offshore fields Umid-Babek. The Parliamentary Committee for Natural Resources, Energy and Environment discussed on Friday the Risk Service Contract signed between SOCAR and SOCAR Umid Oil and Gas Limited, as well as […]

Six platforms will be built at “Bulla Deniz” field until 2025
Azerbaijan

Six platforms will be built at “Bulla Deniz” field until 2025

In accordance with the full-scale development program of “Bulla Deniz” offshore field in Azerbaijani sector of the Caspian Sea, 6 platforms are planned to be built here and also drilling of 27 wells is expected until 2025. Report informs, Director General of SOCAR’s “Azneft” Production Union (PU) Dashgin Iskenderov told in interview with Caspian Energymagazine. He noted that parameters of “Bulla-Deniz” field, production figures of wells […]

Agreement for construction of new bitumen plant signed
Azerbaijan

Agreement for construction of new bitumen plant signed

The Oil Refinery named after Heydar Aliyev hosted an official signing ceremony of the agreement with “Azfen” for construction of a new bitumen plant. Report informs referring to SOCAR, SOCAR Vice-President on Strategic Development Tofig Gahramanov, SOCAR Vice-President on Processing Davud Mammadov, H.Aliyev Oil Refinery CEO Elman Ismayilov, “Azfen” CEO Hamid Hasanov, as well representatives of both enterprises attended the ceremony. SOCAR Vice-President […]

Construction of Carbamide Plant of SOCAR Completed More Than at 90%
Azerbaijan

Construction of Carbamide Plant of SOCAR Completed More Than at 90%

Construction of a carbamide plant of SOCAR in the Sumgait city has been completed at more than 90 percent, the plant’s director Khayal Jafarov told journalists. According to him, in general, the work on the project has been completed at 94-95 percent, while the stage of detailed design has been fully completed. “Progress in the construction work has exceeded 90 […]

US Interested in Azerbaijani Gas Projects
Materials

US Interested in Azerbaijani Gas Projects

The US is closely following the implementation of the Southern Gas Corridor project, and its support by Washington remains stable and long-lasting, US Ambassador to Azerbaijan Robert Cekuta said at a meeting with Energy Minister Natig Aliyev. This was reported by the press service of the Ministry of Energy of Azerbaijan. Cekuta asked about the implementation of the Southern Gas […]