BP and partners have sanctioned the Azeri Central East (ACE) project in the Azerbaijan sector of the Caspian Sea.
Energy giant Equinor has signed an agreement with Azerbaijan’s state oil company SOCAR to develop the Karabakh oilfield in the Caspian Sea.
BP has announced today that it has signed a production sharing agreement (PSA) with the State Oil Company of Azerbaijan Republic for exploration rights to the Caspian Sea.
Petrofac’s Training Services business and the State Oil Company of Azerbaijan (SOCAR) have today agreed terms to form a joint venture.
Azeri state oil firm Socar's will close its North American division's Calgary office and move all commercial and support functions to Houston, a news report said.
Technip landed a deal for SOCAR's new gas petrochemical complex in Azerbaijan.
Total and Socar have struck an agreement for the first phase of production of the Absheron gas and condensate field in the Caspian Sea.
France’s Technip has won a contract to upgrade a petrochemical complex in Sumgait, Azerbaijan.
SOCAR and Petronas look to strengthen ties, after company heads met to discuss their future.
Socar has said it is interested in buying OMV's Turkish subsidary, according to reports.
A joint venture between Socar and Cape has been awarded a two year extension contract worth $90million by oil major BP for the provision of fabric maintenance services for its assets in Azerbaijan. The work will include both its onshore and offshore assets in the region.
The confirmed death toll after a fire swept through an offshore oil platform in Azerbaijan has increased to seven.
A search is still under way for 29 workers missing after a fire swept through an offshore oil platform in Azerbaijan.
An offshore oil platform has caught fire and had to be evacuated.