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In 2016. SOCAR produced 7.52 million tons of oil from Azerbaijan’s offshore and onshore fields. as compared to 8.16 million tons in 2015.
Read More »SOCAR Launches Platform at Azerbaijani Offshore Field
BP: Shah Deniz Stage 2 Completed by Over 95%
The construction and commissioning of the subsea construction vessel (SCV) ``Khankendi`` are progressing well at the Baku Shipyard.
Read More »SOCAR Gets 4 New Licenses in Turkey
It is expected that in 2018. the consolidated turnover of SOCAR Turkey Enerji will reach $15 billion.
Read More »SOCAR to Drill 8 Additional Wells at Offshore Field
SOCAR produced 3.71 million tons of oil from Azerbaijan’s offshore and onshore fields in January-June 2017. as compared to 3.78 million tons in the same period of 2016.
Read More »SOCAR. LUKOIL Eager to Acquire Assets in Turkish Market
LUKOIL owns a 10-percent stake in the consortium for the development of the giant Shah Deniz gas field in Azerbaijan.
Read More »SOCAR Plans to Implement Second Petrochemical Project in Turkey
As of today. SOCAR investments in Turkey reached about $19.5 billion. a part of which has been invested in the Star refinery.
Read More »SOCAR: Change in Gasoline Prices to Accelerate Modernization of Oil Refining Industry
Azerbaijan imports Premium gasoline and its free price. as it is known. is quite high in the market.
Read More »Azerbaijani-Iranian Car Plant to Produce First Cars in Autumn
The first cars are expected to be produced at the plant in Neftchala in late September 2017.
Read More »Gazprom. SOCAR Energy Companies CEOs Discuss Gas Supplies to Azerbaijan
The SOCAR is Azerbaijan’s largest oil and gas company and AzMeCo’s activity is focused on petrochemical projects development.
Read More »SOCAR Foreign Investments Near $4.5B
SOCAR is the sole producer of oil products in Azerbaijan.
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