bp and ONGC Videsh sign gas deal to unlock massive reserves in Azerbaijan’s ACG field
Azerbaijan's ACG field is on the cusp of a significant transformation following the signing of a Non-Associated Gas (NAG) agreement. A consortium of energy giants, ... Read More
Masdar and SOCAR launch 1GW renewable energy projects in Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, a leader in the UAE's renewable energy sector, and the State Oil Company of Azerbaijan Republic (SOCAR), ... Read More
ADNOC awards SOCAR stake in SARB and Umm Lulu concession
In a significant expansion of its strategic partnerships, the Abu Dhabi National Oil Company (ADNOC) has granted a 3% participating interest in the SARB and ... Read More
Absheron Gas Field : ADNOC, SOCAR, and TotalEnergies announce strategic transaction
The Abu Dhabi National Oil Company (ADNOC) is set to acquire a 30% equity stake in the producing Absheron gas and condensate field located in ... Read More
TotalEnergies, SOCAR commence production from Absheron field in Caspian Sea
TotalEnergies and its partner, the State Oil Company of the Republic of Azerbaijan (SOCAR), have announced the commencement of production from the first phase of ... Read More
Shah-Deniz gas project : Lukoil wraps up $1.45bn deal to increase stake by 10%
PJSC Lukoil has wrapped up the previously announced $1.45 billion acquisition of an additional 9.99% stake in the Shah-Deniz gas project, offshore Azerbaijan from Petronas. ... Read More