"Azerbaijan`s possession of large reserves of oil and gas is our nation`s good fortune and is the most important factor for the welfare of its people and the country`s development, now and in the future".
Heydar Aliyev

The 22nd International Caspian Oil and Gas Exhibition and Conference

On June 3-5, 22nd International Caspian Oil and Gas conference were held in Baku. The organizer of forum “ITE Group Plc” Senior Advisor of the..
SOCAR attends St. Petersburg International Economic Forum

SOCAR attends St. Petersburg International Economic Forum

SOCAR President Rovnag Abdullayev attends at Petersburg International Economic forum on June, 18-20.

 

Azerbaijan-Iraq: cooperartion in the oil industry

Azerbaijan-Iraq: cooperartion in the oil industry

On the 2nd of June, a meeting was held in Azerbaijan Republic Power Energy Ministry between Azerbaijan Republic State Oil company President Rovnag Abdullayev and Irag Oil Minister Adil Abdulmahdi.

 

SOCAR became the 5th company among  the world oil industry’s giants

SOCAR became the 5th company among the world oil industry’s giants

The Secretary-General of the United Nations Ban Ki-moon, Group President of the World Bank Jim Yong Kim, as well as senior officials of SOCAR, Total, Statoil, Shell and other organizations, the senior government officials of a number of countries took part in Zero Routine Flaring by 2030 event within the Spring Forum 2015 taking place in World Bank’s headquarters in Washington. Addressing the meeting, UN Secretary-General Ban Ki-moon said that in order to achieve positive results in global climate change the world leading oil producers have to stand on guard of nature and help to indigent countries without wasting.

 

The 50th Anniversary of Petkim was celebrated solemnly

The 50th Anniversary of Petkim was celebrated solemnly

On the 2nd April, a ceremony which dedicated to the 50th anniversary of the establishment petrochemical holding “Petkim” which holds an important place in Turkey’s energy sector was held in Izmir.

 

The PSA about geological exploration and utilization in shallow water of Absheron peninsula was signed between SOCAR and BP

On 22th December in 2014, the agreement on Production Part Share about geological exploration and utilization in the potensial perspective areas which situated around shallow water area of Absheron peninsula, at Azerbaijan Caspian sector was signed between SOCAR and BP. 

 


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