General – Collaboration
bp and SOCAR announced their intention to collaborate on seismic and well studies in the Caspian basin.
[Read more…] about bp and SOCAR sign agreement on seismic and well studies in Caspian basinDragon Oil signs MoU with Socar
Fossil Energy – MoU
Dragon Oil, the wholly owned subsidiary of Emirates National Oil Company (ENOC), signed a Memorandum of Understanding (MoU) with the State Oil Company of the Republic of Azerbaijan (SOCAR) and its trading arm, SOCAR Trading.
[Read more…] about Dragon Oil signs MoU with SocarSEFE inks 10-year natural gas deal with SOCAR
General – Gas Delivery
According to Reuters Germany’s SEFE has agreed a 10-year deal to receive natural gas from Azerbaijan’s SOCAR starting this year, with volumes gradually rising to 1.5 billion cubic meters annually.
[Read more…] about SEFE inks 10-year natural gas deal with SOCARSOCAR, bp, and TPAO join forces in Caspian Gas Project
Fossil Energy – Caspian Sea
On June 3, the Turkish Petroleum Corporation (TPAO) signed an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR) and British energy giant bp to join the Shafag-Asiman gas project in the Caspian Sea.
[Read more…] about SOCAR, bp, and TPAO join forces in Caspian Gas Projectbp and SOCAR sign MOU on two blocks in Caspian Sea
Fossil Energy – Azerbaijan
On September 20 bp and SOCAR (The State Oil Company of Azerbaijan Republic) signed a memorandum of understanding (MOU) in Baku announcing bp’s intention to join agreements on two exploration and development blocks in the Azerbaijan sector of the Caspian Sea.
[Read more…] about bp and SOCAR sign MOU on two blocks in Caspian SeaEquinor sells its interests in Azerbaijan
Fossil Energy – Azerbaijan
Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR.
[Read more…] about Equinor sells its interests in AzerbaijanStart of production in Absheron Gas Field in Azerbaijan
Fossil Energy – Gas Production
TotalEnergies and its partner SOCAR (State Oil Company of the Republic of Azerbaijan) announce the start of production of the first phase of development of the Absheron gas and condensate field in the Caspian Sea, around 100 km south-east of Baku.
[Read more…] about Start of production in Absheron Gas Field in AzerbaijanSOCAR signs joint development agreements for renewable energy sources
General – Renewable Energy
The State Oil Company of Azerbaijan (SOCAR) and United Arab Emirates’ Masdar company have signed Agreements on the joint development of offshore wind energy and hydrogen projects with a capacity of 2 GW, as well as joint development of 1 GW solar photovoltaic (PV) and 1 GW onshore wind energy projects.
[Read more…] about SOCAR signs joint development agreements for renewable energy sources