Development of the central part of “Azeri” field, a part of the “Azeri-Chirag-Guneshli” contract area, is going on according to schedule and 70 percent of construction works have already been ...

The work on enlargement of the Sagachal terminal goes on ahead of schedule and 60 percent of its total volume has been fulfilled. It was announced by Director of the ...

McDermott Caspian Contractors Company will complete construction of the first sub-sea oil pipeline in the frame of the project on elaboration of “Azeri” field, late 2003, Tony Boil, head of ...

International group of “Itera” companies has supplied 2.6 bln cubic meters of gas to Azerbaijan, for January-August 2003, AzerTAj correspondent learnt from State Oil Company of Azerbaijan SOCAR.
Volume ...

The State Oil Company of Azerbaijan Republic /SOCAR/ has pumped 1,715 million tons of oil en northern route – Baku-Novorossiysk pipeline – for January-August. This volume totaled 1,639 million tons ...

European Bank for Reconstruction and Development is discussing the opportunity to grant $200 million credit to finance 10 percent share of the State Oil Company of Azerbaijan in the project ...

The Azerbaijan International Operational Company (AIOC), dealing with development of the contract area of Azeri-Chirag-Gunashli (ACG) in the Caspian shelf , has produced 4313,23 thousand tons of oil in January ...

Total volume of oil, produced by the State Oil Company of Azerbaijan Republic (SOCAR) in eight months current year amounted 5953,1 thousands tons, which is by 1,6%, or 94,4 thousands ...

A separate company will be founded to operate Aktau-Baku system; four companies: Eni, TotalFinaElf, ConocoPhilips and Inpex involved in development of Kazakh field ‘Kashagan’ with 15 percent share in BTC ...

The European Bank for Reconstruction and Development and the International Finance Corporation plan to consider financing the Baku-Tbilisi-Ceyhan pipeline project in October.
EBRD Senior Banker Charlotte Philips said ...

The European Bank for Reconstruction and Development is to make a resolve granting quota of the State Oil Company of the Azerbaijani Republic (SOCAR) a credit in 2004 to finance ...

The LUKoil Company submitted a number of new offers to the State Oil Company of the Azerbaijani Republic (SOCAR) on rehabilitation of a block of onshore fields Govsani-Zikh, Director of ...

For the period from Jan-Aug 2003, SOCAR produced 5.9531 million tonnes of crude oil, which is 1.6% more than planned targets and 0.2% more year-on-year (5.9398 million). Of this amount ...

At the negotiations in Baku between the Kazakhstani and Azerbaijani work groups for the possible joining of Kazakhstan to the construction of the Baku-Tbilisi-Ceyhan pipeline, two variants of the agreement ...

The Russian company LUKoil has submitted a number of proposals to SOCAR concerning the rehabilitation of the onshore block of Govsany-Zykh deposits. This was disclosed to journalists by the general ...

The State Oil Company (SOCAR) has announced a tender to choose a company to choose a company to clean up polluted land on the Apsheron Peninsula. According to the State ...

Minister of Fuel and Energy of the Republic of Azerbaijan Majid Karimov will participate in the traditional “Offshore Europe-2003” oil and gas exhibition and conference to be held in Aberdeen ...

‘Russian Lukoil has no plans to leave “Shah Daniz” project against some mass media reports’, Chief Director of Baku Office Rim Bagmanov told journalists. Rim Bagmanov said that it is ...

A conference dealing with the problems of on-shore oil fields development is to be held in Aberdeen, Scotland next week. Representatives of Azerbaijan have been invited to participate in the ...