Exploration News in Azerbaijan
| 10/23/2024 - Rovshan Najaf, President of the State Oil Company of Azerbaijan Republic (SOCAR), held a meeting with John Evans, Chief Executive Officer of Subsea7. During the meeting, representatives sh... |
| 9/20/2024 - On the occasion of the 30th anniversary of the signing of the "Contract of the Century" on September 20, 2024, with Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOC... |
| 7/30/2024 - Eni CEO Claudio Descalzi and SOCAR (State Oil Company of Azerbaijan Republic) CEO Rovshan Najaf signed a Memorandum of Undestanding (MoU) in Baku today, to evaluate potential cooperation opportunities... |
| 9/29/2021 - PJSC LUKOIL signed an agreement on acquiring a 25% participating interest in the Shallow Water Absheron Peninsula (SWAP) exploration project in the Azerbaijan sector of the Caspian Sea from bp. The de... |
| 3/16/2021 - SOCAR President Rovnag Abdullayev met a delegation led by Al Cook, Executive Vice President for Development and Production International of Equinor. The meeting focused on the development of Karabakh ... |
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3/19/2020 - SOCAR and Norway’s Equinor have confirmed a discovery of Karabagh field located 120 kilometers offshore, east of Baku, in the Azerbaijan sector of the Caspian Sea. ... |
| 3/2/2020 - Zenith Energy Ltd., the international oil & gas production company, provides the following update on its strategic direction in Azerbaijan. ... |
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1/28/2019 - Representatives of SOCAR headed by the President Rovnag Abdullayev held a meeting in Baku with a delegation from Kazakhstan, led by Alik Aydarbayev, Chairman of the Management Board of the JSC Nationa... |
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4/26/2018 - SOCAR and BP have signed a new production sharing agreement (PSA) for the joint exploration and development of Block D230 in the North Absheron basin in the Azerbaijan sector of the Caspian Sea. The P... |
| 3/27/2018 - Nobel Upstream, an independent UK-based oil and gas exploration and production company has announced that it has entered into a Risk Service Agreement, and other necessary implementing agreements, wit... |
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5/24/2016 - SOCAR and BP signed a memorandum of understanding (MOU) to jointly explore potential prospects in block D230 in the North Absheron Basin in the Azerbaijan sector of the Caspian Sea. On this occasion, ... |
| 9/30/2014 - The well # 636 was commissioned at Galmaz Gas Storages field. The daily production of the well, drilled to 3rd Suite by Complex Drilling Works Trust, makes 630000 cubic metres of gas from 2003-1995, 1... |
| 9/10/2014 - Azerbaijan state energy company SOCAR has issued a tender for the joint exploration of two major gas deposits in the Caspian Sea with total preliminary reserves of about 600 billion cubic metres (bcm)... |
| 5/24/2014 - Rosneft President, Chairman of the Management Board Igor Sechin and President of the State Oil Company of the Azerbaijan Republic (SOCAR) Rovnag Abdullayev signed a joint venture agreement in the cour... |
| 8/20/2013 - Under the instruction of SOCAR President, the Commission was set up to eliminate the accident followed by gas show at the exploration well #90 at Bulla-Deniz field.The Commission members are comprised... |
| 7/2/2012 - A ‘Notice of Discovery and its Commerciality’ for the Absheron discovery was submitted on June, 1 on behalf of the partnership Socar - Total - GDF Suez by operator Total E&P Absheron. ... |
| 9/9/2011 - Total announces a major gas discovery in the Caspian Sea in the Absheron block offshore Azerbaijan. The Absheron X-2 well has encountered more than 500 feet of cumulated net gas pays within high quali... |
| 10/7/2010 - BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) had signed a new production sharing agreement (PSA) on joint exploration and development of the Shafag-Asiman structure in the Azerba... |
| 5/6/2010 - SOCAR Complex Drilling Works Trust has launched the drilling of a new well from platform No 660 at “Darvin Bankasy” field. The project depth of the well No 653 drilled to Girmaki Suite makes1540 meter... |
| 3/9/2010 - The RWE Group expands its commitment in Azerbaijan. The company and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed a memorandum of understanding to draw up an agreement for th... |
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