Azerbaijan state oil and gas firm Socar, and Israeli company NewMed Energy (OTCPK:DKDRF) signed a licensing agreement to ...

BP, SOCAR, and NewMed Energy have signed a licensing agreement to explore for natural gas offshore Israel, marking BP's entry ...

BP and SOCAR secure offshore gas licenses in Israel, a strategic move as Israel strengthens its role in the global energy ...

SOCAR President Rovshan Najaf met with John Ardil, Vice President for Global Exploration and New Projects at ExxonMobil Corporation.

The Azerbaijan State Oil Company (SOCAR) was awarded exploration rights by Israel in 2023. However, progress in the ...

Azerbaijan and Israel have a strong strategic alliance covering a wide range of areas including not only energy, but also ...

BAKU, Azerbaijan, March 18.​ In the course of a business visit to Israel led by Mikayil Jabbarov, Azerbaijan's Minister of ...

A program to introduce the Azerbaijani business environment to Turkish business representatives was organized in Istanbul.

BAKU, Azerbaijan, March 17. State Oil Company of Azerbaijan (SOCAR) has received licenses to conduct exploration work in ...

Israel and Azerbaijan to ink strategic energy agreement The Caucasus nation’s state oil company will explore for natural gas ...

Deepwater area is now in the hands of Socar, BP and NewMed, with Eni waiting in wings to have its fourth-round bid formalised ...

In 1846, the first oil well was drilled in Bibi-Heybat, marking the beginning of industrial oil production in Azerbaijan and ...