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05.03.2014 Petrovietnam to buy oil from Azerbaijan

Vietnam Oil & Gas Group (Petrovietnam) will buy up to 3.5 million barrels of Azerbaijani oil in 2014 from the State Oil Company of Azerbaijan (SOCAR), the Wall Street Journal reported with the reference to Petrovietnam's statement, Trend said on March 4.

05.03.2014 Azerbaijan’s SOCAR to collect associated gas in Caspian Sea

State Oil Company of Azerbaijan Republic (SOCAR) plans to set up six vacuum compressor installations at the "Gryazevaya Sopka" (Mud Volcano) offshore field to collect low pressure associated gas, according to a message from SOCAR, Trend reported on March 4.

03.03.2014 Total to sell stake in Azerbaijani Shah Deniz gas field

France's Total plans to sell its 10 percent stake in Azerbaijan's Shah Deniz II gas field, sources with knowledge of the matter said, the second major to cut exposure to a project aimed to provide an alternative to Russian gas in Europe, Reuters reported on February 28.

28.02.2014 Azerbaijan’s SOCAR to build new platform in Caspian Sea

Azerbaijan's state energy company is to design a new fixed offshore platform for the Darwin Bank field in the Azerbaijani sector of the Caspian Sea, Azernews reported on February 28.

26.02.2014 Azerbaijan sets up firm to manage Shah Deniz projects, pipelines

Azerbaijani President Ilham Aliyev has signed a decree on February 25 establishing a closed joint-stock company (CJSC) for effective management of projects within the second phase of Shah Deniz gas and condensate field's development, expansion of the South Caucasus Pipel

26.02.2014 Azerbaijan’s SOCAR drills well in Caspian Sea’s Guneshli field

State Oil Company of Azerbaijan Republic (SOCAR) has started drilling a new well in the shallow part of Guneshli field, with a projected depth of 3030 meters, according to a message from SOCAR, Trend reported on February 25.

24.02.2014 Azerbaijan to increase oil production in 2014 - minister

Azerbaijan is planning to increase its oil production in 2014, Energy Minister Natig Aliyev said, Azernews reported on February 22. He added that Azerbaijan is predicted to extract 43 million tons of oil in 2014.

21.02.2014 Azerbaijan scientists say no seismic danger to BTC pipeline

New studies show that no serious seismic danger is threatening Baku-Tbilisi-Ceyhan (BTC) oil pipeline, Azernews reported on February 21.

20.02.2014 Balkan region priority for Azerbaijan - SOCAR

The Balkans were and will be the priority for the producers in Azerbaijan, the Vice President of Investment and Marketing of the State Oil Company of Azerbaijan (SOCAR) Elshad Nasirov said in an interview with New Europe, Azernews reported on February 19.

19.02.2014 Azerbaijan to build new platform at Guneshli field

The Azerbaijani state firm SOCAR’s Ecological Department has been working on the assessment of environmental impact from the construction of new deep-water sea platform No 7 at the Guneshli field.