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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 Overhauls Platform at Darwin Bank Field
Azerbaijan’s Non-Oil Economy Grows
The volume of Azerbaijan’s GDP in the oil and gas sector decreased by 6.5 percent in January-May 2017.
Read More »Azerbaijan’s Big Chemical Plant to Be Closed for Overhaul
In August. production at the plant will be stopped for complete overhaul.
Read More »BP Keeps Azerbaijan’s Proved Oil Reserve Estimates Unchanged
Oil production in Azerbaijan stood at 826.000 barrels per day. or 1.6 percent less than in 2015. according to the report.
Read More »SOCAR Modernizes Platform at Darwin Bank field
SOCAR produced 2.46 million tons of oil from offshore and onshore fields in January-April 2017 as compared to 2.52 million tons in the same period of 2016.
Read More »SOCAR Methanol Eyes to Double Sales in Azerbaijan’s Market
The need to transfer AzMeCo to SOCAR arose due to AzMeCo’s debts to the International Bank of Azerbaijan.
Read More »SOCAR Drilling New Well on Oldest Field in Caspian Sea
SOCAR produced 2.46 million tons of oil at Azerbaijan’s offshore and onshore fields in January-April 2017.
Read More »SOCAR Launches Water Cooling Installation at Baku Oil Refinery
The Baku Oil Refinery’s modernization is currently underway and it will be completed until 2020.
Read More »SOCAR: Production at Shafag-Asiman Gas Block May Start in 2030
SOCAR and BP signed a contract on the Shafag-Asiman block of fields for a period of 30 years in October 2010.
Read More »TANAP’s 56-Inch Section Practically Complete
TANAP project envisages transportation of gas from Azerbaijan'.s Shah Deniz field to the western borders of Turkey.
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