Azerbaijan
- Oil & Gas
First Individual Contract for Gas Deliveries from Azerbaijan to Romania
S.N.G.N. ROMGAZ S.A. and SOCAR Trading, a subsidiary of the State Oil Company of the Republic of Azerbaijan, signed on…
Read More » - Renewables
First and Largest Foreign Investment in Azerbaijan’s Renewable Power Sector
The Azerbaijani Ministry of Energy and ACWA Power held a groundbreaking ceremony for the 240 MW wind power plant with…
Read More » - Marketplace
Lukoil Joining Absheron Exploration Project in Caspian Sea
On 28 September 2021, Lukoil signed an agreement on acquiring a 25% participating interest in the Shallow Water Absheron Peninsula…
Read More » - Marketplace
First Foreign Investment Based Independent Wind Power Project in Azerbaijan
Following the signing of the implementation agreement for the $300 million Independent Power Project in January 2020, ACWA Power executed…
Read More » - Oil & Gas
SOCAR AQS – Halliburton Agreement to Provide Broad Suite of Oilfield Products and Services in Azerbaijan
SOCAR AQS and Halliburton announced the companies have signed a Memorandum of Understanding (MOU) to form a new joint venture…
Read More » - Oil & Gas
First European company to join the Trans-Caspian International Transport Route
Grampet Group, joins the Trans-Caspian International Transport Route Association, an initiative of Chinese, Kazakhstan and Azerbaijan governments for the development…
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SOCAR and BP sign new production sharing agreement for Azerbaijan exploration
SOCAR and BP signed on April 26 a new production sharing agreement (PSA) for the joint exploration and development of…
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SOCAR Petrofac joint venture registered in Azerbaijan
A joint venture of Azerbaijan’s state oil company SOCAR and UK’s Petrofac international service provider to the oil and gas…
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4th Ministerial Meeting of Southern Gas Corridor Advisory Council
The Fourth Ministerial Meeting of the Southern Gas Corridor Advisory Council took place on February 15th in Baku. The main…
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