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COP29 – Baku will become the center of the world

Azerbaijan will host the COP29 world climate talks next year, ending a months-long standstill caused by the crisis in Ukraine. The countries of the former Soviet bloc have unanimously agreed that COP29 will be organized in the capital Baku, Azerbaijani Environment Minister Mukhtar Babayev told delegates at COP28, which took […]

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SOCAR Hosted a “Decarbonization Strategy and Future Prospects” Event in Karabakh and Eastern Zangazur as part of COP-28

On December 3, 2023, the State Oil Company of Azerbaijan Republic (SOCAR) held a “Decarbonization Strategy and Future Prospects” event during COP-28 of the United Nations in Dubai, United Arab Emirates. As an honored event guest, Mukhtar Babayev, the Minister of Ecology and Natural Resources of the Azerbaijan Republic, delivered […]

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SOCAR and Microsoft sign a Memorandum of Understanding

On August 4th, 2023, the State Oil Company of Azerbaijan Republic (SOCAR) and Microsoft signed a Memorandum of Understanding. The memorandum envisages cooperation in digitalization, innovation, enhancing IT infrastructure, developing human capital, including exploration, production, processing, and marketing, transportation, and cyber security. As a result of SOCAR’s proactive initiative and […]

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BWA receives SOCAR and Uniper delegation

  The Federal Office of the BWA (Federal Association for Economic Development and Foreign Trade) received a SOCAR delegation, SOCAR is the state-owned energy company of the Republic of Azerbaijan, accompanied by representatives of Uniper SE. The purpose of the visit was an exchange between SOCAR’s human resources and communications […]

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Production of the Absheron gas-condensate field

The Absheron gas-condensate field, situated in the Azerbaijani sector of the Caspian Sea, approximately 100 kilometers southeast of Baku, has started production under the Early Production Scheme (EPS) phase. This stage involves the connection of the subsea production well to a new gas processing platform, which is linked to SOCAR’s […]

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