SOCAR

Latest News and Press Releases

Russia-FSU

Total Signs Heads of Agreement with SOCAR for the Absheron Area in Azerbaijan

Friday, June 06, 2008

Total has signed a heads of agreement with Azerbaijan’s state-owned SOCAR, setting out the main terms of a production sh...

Russia-FSU

Deep Water Gunashli Production Begins On Schedule In The Caspian

Tuesday, April 22, 2008

The Azerbaijan International Operating Company (AIOC), operated by BP, today announced the start-up of oil production fr...

Russia-FSU

Major Gas Discovery in Azerbaijan’s Shah Deniz Field

Thursday, November 15, 2007

Operator BP has announced a further major new gas-condensate discovery in the Shah Deniz field in the Caspian Sea, in wh...

Russia-FSU

RussNeft and SOCAR Sign Agreement on the Rehabilitation, Development and Production Sharing For the Zykh and Govsany Block of Oil Fields in Azerbaijan

Monday, November 06, 2006

OAO Oil and Gas Company RussNeft and SOCAR have signed an agreement on the rehabilitation, development and production sh...

Russia-FSU

East Azeri Oil development in the Caspian Expected to be on Stream by the End of This Year

Tuesday, October 24, 2006

East Azeri, part of the Azeri-Chirag-Gunashli (ACG) oil development in the Caspian, is well ahead of schedule and should...

Russia-FSU

Unocal Sanctions Phase 3 Development of ACG Field in Caspian Sea

Monday, September 20, 2004

Unocal Corporation has joined with other company representatives in signing a resolution sanctioning the Phase 3 develop...

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More Headlines from SOCAR

Russia-FSU

Socar Partnership to Rehabilitate Old Oil Field

Monday, May 31, 2004

The State Oil Company of the Azerbaijani Republic (Socar) and the Azerbaijan-Chinese company Noble Sky have signed a mem...

Russia-FSU

SOCAR Gives Go Ahead for Drilling Program on SW Gobustan Field

Friday, February 20, 2004

SOCAR has confirmed the Gobustan Operating Company's program for the Southwest Gobustan field for 2004 that includes dri...

Russia-FSU

Middle East Petroleum Acquires Stake in Pirsagat Field

Monday, January 12, 2004

The Azerbaijani company Middle East Petroleum has bought a 30% stake in a project to rehabilitate and further develop th...