SOCAR President Attends Meeting with Upstream Investors

Source: www.gulfoilandgas.com 6/22/2016, Location: Asia

Rovnag Abdullayev, President of SOCAR, attended a meeting held within the framework of BP two-day investor field trip to Baku. Senior portfolio or fund managers for some of the world’s most significant investment funds, including Capital Research International, Capital World, UBS Asset Management, Fidelity Research and JP Morgan Asset Management attended the field trip. The key objective of the trip was to provide these analysts with an in-depth review of BP’s global upstream portfolio and strategy.

Gordon Birrell, BP Regional President for Azerbaijan, Georgia and Turkey, said that as part of this review, BP Azerbaijan leadership presented to the visiting analysts their track record of over 22 years of investing in Azerbaijan and provided an opinion on future investment opportunities. Rovnag Abdullayev, SOCAR President, spoke about the achievements of Azerbaijan’s energy strategy.

He informed the guests about the SOCAR’s investment projects carried out in Azerbaijan and abroad. Bernard Looney, BP's Upstream CEO, said: ''That’s why when we wanted to talk to our investors about the future - we brought them here. After all, if anyone wanted to know what the future of oil and gas looks like, they only need come to Baku. ''


United States >>  6/28/2022 - Intersect Power, LLC, ("Intersect Power" or the "Company") announced today a $750 million growth equity investment led by TPG Rise Climate, the dedica...
United Arab Emirates >>  6/24/2022 - The Board of Lamprell PLC announces that it received a non-binding indicative cash offer from Blofeld Investment Management ("Blofeld"), a 25.06 per c...

United States >>  6/22/2022 - Cheniere Energy, Inc. announced that its Board of Directors has made a positive Financial Investment Decision (“FID”) with respect to the 10+ million ...
Austria >>  6/21/2022 - The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) are ramping up efforts to advance renewa...

Canada >>  6/21/2022 - Carbon Streaming Corporation has entered into a carbon credit streaming agreement (“Carbon Stream”) with Will Solutions Inc. (“Will Solutions”), an es...
United Arab Emirates >>  6/21/2022 - According to an announcement made today by Abu Dhabi National Oil Company (ADNOC), the company has identified AED70 billion ($19 billion) in products ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.