Azerbaijan | Egypt Oil & Gas
Saipem, Partners Secure $700 Mn Contract for bp’s Shah Deniz Project in Azerbaijan
Saipem, in a consortium with two companies affiliated with the State Oil Company of the Azerbaijan Republic (SOCAR), has been awarded three offshore contracts worth a total of approximately $700 million (Mn) for bp’s ...
ExxonMobil Signs a MOU to develop Azerbaijan’s oil and gas Resources
ExxonMobil Corporation and the State Oil Company of the Republic of Azerbaijan (SOCAR) signed a Memorandum of Understanding (MoU) to partner on enhancing Azerbaijan’s oil and gas resources. SOCAR President Rovshan Naj...
Egypt, Azerbaijan Talk Oil, Gas Partnerships
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Elkhan Polukhov Ambassador of the Republic of Azerbaijan to Cairo, and his accompanying delegation, which included Zaur Hasanov, Director of Business...
Equinor Completes Asset Sales in Nigeria, Azerbaijan for $2B
Equinor has completed the sale of its assets in Nigeria and Azerbaijan, realizing a total consideration of up to $2 billion. This marks the end of the Norwegian oil and gas company’s operations in these two coun...
Egypt, Azerbaijan Sign Protocol of Intent for Bilateral Cooperation
President Abdel Fattah El Sisi has witnessed the signing of a protocol of intent for cooperation between Egypt’s Ministry of Petroleum and Mineral Resources (MoPMR), and Azerbaijan’s Ministry of Economy. T...
TotalEnergies, SOCAR Start Gas Production from Absheron Field
TotalEnergies, along with its partner SOCAR, announced that they started production from the first phase of development of the Absheron gas and condensate field located in the Caspian Sea. According to the company’s s...
Egypt, Azerbaijan to Boost Bilateral Energy Cooperation
Minister of Petroleum and Mineral Resources Tarek El Molla met with Elkhan Polukhov, Ambassador of Azerbaijan in Cairo, to discuss ways of joint cooperation between the two countries and investment opportunities avail...
Azerbaijan’s SOCAR to Achieve Net-Zero Emissions in Extraction Activities by 2022
SOCAR, Azerbaijan’s state energy firm, declared that it aims to achieve net-zero carbon emissions in its oil and gas extraction activities at its own sites by early 2022, a company official told Reuters. This an...
