Search keyword: SOCAR

To implement the project, SOCAR and Equinor created an operating company on a parity basis. However, in December 2023, Equinor sold its 50% stake in these projects to SOCAR. The deal was closed on April 24, 2024.

"SOCAR Midstream Gas Operations LLC (SMGO), is a newly established entity of SOCAR, tasked to manage all midstream gas-related operations.

For the first time, SOCAR’s Gas Export Department entered the top 10 list, securing fifth place with $15.6 million in exports.

Headquartered in Geneva, SOCAR Trading was established in December 2007 as the marketing arm of the State Oil Company of the Azerbaijan Republic (SOCAR). The company has representative offices in London, Singapore, Dubai and Houston.

The State Oil Company of Azerbaijan (SOCAR) holds a 31.65% stake in the contract.

Economic factors and trade issues continue to affect the stability of oil prices, acting CEO for trading at SOCAR Trading, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), Taghi Taghi-Zada, said at the Financial Times Commodities Global Summit 2025 in Lausanne (Switzerland), Report informs

The State Oil Company of Azerbaijan (SOCAR) holds a 31.65% stake in the contract.

The BTC pipeline is transporting oil from the Azeri-Chirag-Gunashli (ACG) field, condensate from the Shah Deniz field, as well as oil and condensate from SOCAR. Additionally, the pipeline carries oil from other sources, including Kazakhstan.

The State Oil Company of Azerbaijan (SOCAR) holds a 31.65% stake in the contract.

The program is designed for employees not only at the headquarters but also across all SOCAR structures.