SOCAR

Monday, April 08, 2013 Statoil and SOCAR take a step forward in strengthening their cooperation by signing an MOU to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea.

Wednesday, October 24, 2012 BP has reached an agreement with SOCAR to stabilize production on the Azeri-Chirag-Guneshi field in the Caspian Sea.

Monday, July 02, 2012 Total, Socar and GDF Suez issue 'notice of discovery and its Commerciality', an important milestone in the development of the Absheron discovery in Azerbaijan.

Thursday, July 14, 2011 Foster Wheeler has signed an MoU to cooperate to form a jointly-owned company with SOCAR in the Republic of Azerbaijan.

Thursday, October 07, 2010 BP and SOCAR have signed a new PSA on joint exploration and development of the Shafag-Asiman structure in the Azerbaijan sector.

Friday, September 03, 2010 An addendum has been signed to the effective gas purchase and sale contract for Azerbaijani natural gas between Gazprom and SOCAR.

Friday, March 19, 2010 Fortifying its presence in the Caspian Region, Keppel O&M has entered a joint venture to develop and manage a new shipbuilding and ship-repair facility in Azerbaijan.

Wednesday, March 10, 2010 RWE and SOCAR signed a memorandum of understanding for hydrocarbon exploration and development in the Azerbaijan sector of the Caspian Sea.

Tuesday, March 09, 2010 The $6 billion development plan is the next major step in the ongoing development of the ACG field in the Azerbaijan sector of the Caspian Sea.

Thursday, November 26, 2009 Northern Offshore UK has secured a contract with Caspian Drilling Company for the provision of support services for drilling operation in the Caspian Sea.

Friday, October 09, 2009 J. Ray McDermott's Caspian subsidiary has successfully and safely completed installation of offshore facilities at the Yuri Korchagin field for Lukoil.

Tuesday, October 06, 2009 Azerbaijan is already becoming the main supplier for the realization of the first stage of operation of the Nabucco gas pipeline.

Wednesday, September 16, 2009 September 20 will mark exactly 15 years since the signing of what is known in Azerbaijan as the "Contract of the century," namely the production sharing agreement for the giant ACG oil field, where StatoilHydro is one of the partners.

Monday, July 13, 2009 BP and SOCAR will jointly explore and develop the Shafag and Asiman structures in the Azerbaijan sector of the Caspian Sea.

Monday, April 27, 2009 The second phase of development for Azerbaijan's massive Shah Deniz field in the Caspian Sea is expected to cost between $16 billion and $20 billion.

Monday, March 23, 2009 KBR will provide front-end engineering and design services for BP's Chirag oil project offshore Azerbaijan.

Friday, February 27, 2009 Total signed an exploration, development and production sharing agreement with Azerbaijan's state-owned SOCAR for the offshore Absheron block in the Caspian Sea.

Thursday, June 05, 2008 Total has signed a heads of agreement with SOCAR for a license in the Absheron Block in the Caspian Sea. Total will be the operator with a 60% interest.

Wednesday, April 30, 2008 In 2008 we expect to spend $611 million in operating expenditure and $1,926 million in capital expenditure on ACG activities.

Wednesday, April 30, 2008 BP Azerbaijan reported that early in 2008, Chirag finished drilling a series of planned sidetrack oil producers (A10z, A03z, and A05z) to replace wells that had reached the end of their productive life.