Tag Archives: SOCAR

Equinor and SOCAR Forge Agreement on Azerbaijan Asset Divestment and Low-Carbon Collaboration

(IN BRIEF) Equinor has signed an agreement to sell all its remaining assets in Azerbaijan to SOCAR (State Oil Company of Azerbaijan Republic). These assets include stakes in the Azeri Chirag Gunashli (ACG) oil fields, the Baku-Tbilisi-Ceyhan (BTC) pipeline, and … Read the full press release

TotalEnergies and SOCAR Divest Stake in Absheron Gas Field to ADNOC

(IN BRIEF) TotalEnergies and its partner SOCAR have signed an agreement to sell a 15% participating interest each in the Absheron gas field to ADNOC. Following the completion of this transaction, TotalEnergies will retain a 35% interest in the Absheron … Read the full press release

Leonardo Signs Agreement with Azerbaijan’s SOCAR to Ensure Safety of Southern Corridor Gas Pipeline

An agreement was signed in Baku between Leonardo and the Azerbaijani oil company SOCAR, which is leading the construction of the new pipeline, a cornerstone of Europe’s energy strategy The agreement aims to ensure the physical and cyber security of … Read the full press release