Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The need to transfer AzMeCo to SOCAR arose due to AzMeCo’s debts to the International Bank of Azerbaijan.
Read More »SOCAR Methanol Eyes to Double Sales in Azerbaijan’s Market
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.
Read More »SOCAR Talks Work as Part of Southern Gas Corridor’s Projects
The South Caucasus Pipeline Expansion Project has been completed by 85 percent.
Read More »Statoil Invests over $6.5B in Azerbaijan
Azerbaijan has been an important part of Statoil'.s international strategy over the past two decades.
Read More »The 24th International Caspian Oil & Gas Exhibition and Conference
Caspian Oil &. Gas 2017
Read More »President Invites for Wise Use of Caspian Sea
We have ignored to install recreation facilities in the Caspian Sea to serve our people.
Read More »OPEC Expects Growth in 2017 Non-OPEC Oil Supply
In 2017. non-OPEC oil supply is projected to grow by 0.40 million barrels per day.
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