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NEWS |
Azerbaijan´s SOCAR and UK Petrofac secured $25 million Caspian contract
Petrofac, in its joint venture with SOCAR, had won a $25 million contract from BP for services at the Azeri Central East (ACE) platform in the Caspian Sea.
NEWS |
KBR JV announces significant step in first digitally enabled offshore platform project
KBR announced that its joint venture with SOCAR, who is undertaking the engineering design phase of the Azeri Central East (ACE) platform, is now nearing completion.
NEWS |
Zenith Energy terminates exploration in Azerbaijan
Zenith Energy Ltd. and SOCAR (State Oil Company of the Azerbaijan Republic) have agreed to terminate the 25-year contract exploration area (CEA) rehabilitation, exploration, development, and productio (...)
NEWS |
Petrofac-SOCAR JV Gets $100MM BP Deal
A Petrofac – SOCAR (State Oil Company of the Republic of Azerbaijan) joint venture (JV) has secured a services contract with BP Azerbaijan.
NEWS |
SOCAR-Petrofac JV awarded contract by BP Azerbaijan
Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured a contract to provide BP Azerbaijan with international payroll and personnel support ser (...)
NEWS |
Azerbaijan Could Soon Tap Its 410 Million Barrel Oil Reserves
Azerbaijan says it has proven an oil deposit in the Caspian Sea is commercially viable, offering a small psychological boost as the country’s oil-based economy wilts under international price shocks.
NEWS |
Subsea Expo has international flavour with VIPs from Africa and Azerbaijan
Mozambique’s oil and gas regulator, the National Petroleum Institute, and senior representatives from SOCAR, the State Oil Company of the Azerbaijan Republic, will be actively promoting business oppor (...)
NEWS |
SOCAR Petrofac JV secures project management services contract with BP
Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured a Project Management Services contract to support BP’s operations in Azerbaijan and Geor (...)
NEWS |
Petrofac and SOCAR JV secures engineering and technical services contract in Azerbaijan
Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured an Engineering and Technical Services contract to support Total and SOCAR’s Exploration (...)
NEWS |
Turan secures $500m contract for seven BP platform drilling rigs in Azerbaijan
Turan Drilling & Engineering, a KCA Deutag and SOCAR joint venture company, has secured its first contract from BP Exploration (BP) to operate and maintain seven platform drilling rigs in the Caspian (...)
NEWS |
Saipem announces $400m in E&C Contracts
Saipem has signed new Offshore E&C contracts in Azerbaijan, the North Sea and the Republic of Congo. The overall value of the contracts is approximately 400 million USD.