SOCAR-Petrofac, BP sign agreement on training services

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 services including training services.

The five-year contract, worth around US$100 million, will support the provision of international payroll and personal support services, including supporting the Company personnel attending training courses inside and outside Azerbaijan. SOCAR vice-president for HR, IT, and regulations Khalik Mammadov said: “Service sector has contributed significantly to SOCARs corporate income in recent years, while our joint venture with Petrofac could become one of the major contributors.

Today we are pleased to lift our partnership with BP to a new level, and we look forward to many decades of fruitful cooperation. Upskilling and reskilling of personnel are among crucial tasks for significant companies in the age of Industry 4.0.

That becomes even more important in the view of the challenges brought by the current pandemic and collapse of oil prices. Hence, there is no doubt that the demand for professional training services among the leading oil and gas companies will continue to grow.” Patty Eid, Global Head of Petrofac’s Training Services business, commented: “BP is an important longstanding customer. We look forward to supporting them with international payroll and personnel support services, including training services inside and outside of Azerbaijan.

Petrofac’s Training Services business has been providing skills development opportunities across the country’s oil, gas and petrochemical industries since 2004, so this award further underpins our continued expansion in the region with key partner SOCAR”.