KBR Joint Venture Awarded FEED Contract for Absheron Field in Azerbaijan Nov 23, 2017
KBR, Inc. has announced that the SOCAR-KBR Limited Liability Company (SKLLC) joint venture has been awarded a Front-End Engineering Design (FEED) contract for the topsides of the Absheron Early Production Project

IKM Cleandrill to Start Operations in Azerbaijan Aug 29, 2017
In early 2018, IKM Cleandrill will start their first offshore operations in the Caspian Sea after being awarded a contract for riserless mud circulating system services by Total E&P ABSHERON BV on behalf of...

SOCAR and BP-Operated AIOC Sign Principles of Agreement on Future Development Dec 27, 2016
SOCAR (the State Oil Company of the Republic of Azerbaijan) and AIOC (the Azerbaijan International Operating Company) have signed a letter of intent (LoI) for the future development of...

Total and SOCAR Sign Agreement to Develop Absheron Discovery Nov 22, 2016
Total and SOCAR, the national oil company of Azerbaijan, have signed an agreement establishing the contractual and commercial terms for a first phase of production of the Absheron gas and condensate field...

Technip Awarded Modernisation of SOCAR Azerikimya Petrochemical Complex Contract Nov 8, 2016
Technip has been awarded by SOCAR a contract for Engineering Procurement and Construction (EPC) services for the SOCAR Azerikimya plant, located in the city of Sumgait, Azerbaijan.

BP and SOCAR sign an agreement to explore shallow water Absheron Peninsula Dec 23, 2014
BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) has signed a new production sharing agreement (PSA) to jointly explore for and