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SOCAR hosts World Economic Forum President in Baku

On February 23, SOCAR’s First Vice President and acting President Rovshan Najaf met with a delegation led by the President of the World Economic Forum Børge Brende. The meeting focused on the development of existing relations and prospects for cooperation between SOCAR and the World Economic Forum, as well as […]

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SOCAR’s Annual Production Performance 2021

Due to the acceleration of vaccination processes in 2021, economic activity in Azerbaijan, as well as around the world, increased reactivating various fields. In parallel with the demand for energy resources in the oil sector, oil and gas prices have risen significantly. Taking advantage of positive global trends, SOCAR has […]

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Successful drilling at the Shafag-Asiman Field

In an exploration well on the Shafag-Asiman block in the Azerbaijani sector of the Caspian Sea, the first gas condensate deposits were found at a depth of 7189 meters. This marks the successful completion of exploration and drilling of the field. In order to determine the exact volume of hydrocarbon […]

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SOCAR and UNIPER establish cooperation

On May 25, SOCAR and UNIPER, Germany held the third meeting of the Coordination Committee in Sumgayit. Rovnag Abdullayev, SOCAR President, Klaus Schäfer, CEO of UNIPER and other officials attended the meeting. The companies presented joint projects for training of highly qualified specialists and new projects of “Azerikimya” and then […]

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The Economic Council 2015

On the June 9th, 2015 high-ranking representatives in the field of politics, industry and science met at the event “Economic Council 2015” held by CDU. Approximately 2800 participants have dealt with various economic-political issues, taking place nowadays. The majority of discussants has end up with a single idea that in […]

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SOCAR und E.ON – 2nd Coordination Committee

On 28th of April, two energy-partner companies SOCAR and E.ON held the second “Coordination Committee” in Duesseldorf, dedicated to discuss current and future prospects in joint projects. The Executive Director of E.ON, Christopher Delbrueck during the session has mentioned about existing partnership between two energy companies, and talked in details […]

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