SOCAR invested $ 16.5 billion in Turkish projects
“Theoretically, we can cooperate with the Turkish Petroleum Corporation (TPAO) in the field of development and production from fields. This is within the scope of…
STAR NEZ becomes 6th largest industrial enterprise in Turkey’s ISO 500 list
According to a study conducted by the Istanbul Chamber of Industry (ISO) to assess the Turkish industrial sector, STAR NEZ, one of SOCAR Turkey’s subsidiaries,…
Petkim increases production capacity to 92%
Petkim, a subsidiary of the biggest foreign direct investor SOCAR Turkey, has succeeded in improving its financial indicators in the first quarter of 2021 despite…
STAR – among the world’s most digitalized refineries
With the vision of becoming one of the world’s most digital refineries, STAR Refinery, which has invested more than $70 million in its technological equipment…
SOCAR Marine becomes market leader in 2020
SOCAR Marine, operating since 2013, has once again become a leader in the international supply of marine fuel with sales of 650,000 tons in 2020, the State…
Petkim Finished Q3 with Profit
The Petkim petrochemical complex, one of the largest investments of the State Oil Company of Azerbaijan (SOCAR) in Turkey, has successfully completed the third quarter…
SOCAR Refuses to Acquire Assets of German Company in Turkey
The State Oil Company of Azerbaijan (SOCAR) refused to invest in the Turkish assets of the German energy company EWE. “We decided not to invest…
SOCAR Turkey signs agreement for Coreworx Contract Management
Coreworx Inc. (“Coreworx”) announced today that SOCAR Turkey Enerji A.Ş. has signed a multi-year agreement for Coreworx Contract Management. SOCAR will license Coreworx Contract Management…
BP licenses its latest generation PTA technology in Turkey
BP and SOCAR TURKEY ENERJI A.Ş (SOCAR Turkey) have entered into a licensing agreement for BP’s latest generation purified terephthalic acid (PTA) technology. SOCAR Turkey…