The State Oil Company of Azerbaijan Republic (SOCAR) will continue to conduct three-dimensional (3D) geophysical studies of the Bahar-2 perspective offshore structure located...
In January, 2010, 401.3 million manat was invested in the development of the economic and social spheres which is 5.6 percent higher than the index in January 2009...
The company Fugro won the tender for the acquisition of works, services and software to create a corporative database of geological and oilfield data announced by the tender commission...
The Azerbaijani government has refused to finance state programs and actions related to ecological issues and alternative energy sources development...
State Oil Fund of Azerbaijan (SOFAZ) expects an increase of assets with up to $40-50 billion in the next two years, Executive Director Shahmar Movsumov said at a press conference reviewing 2009 results...
The State Oil Company of Azerbaijan Republic (SOCAR) intends to build a new pipeline to export gas to Iran, Azerigas PU First Deputy Nazim Samadzade said...
SOCAR plans to bring Azerbaijani gas system on par with world standards in five years, Rovnag Abdullayev said Feb.2. "Preliminary engineering shows that about 3-4 billion...
