Israel awarded gas exploration licenses to a consortium that includes Azerbaijan’s energy conglomerate SOCAR, bp, and ...

BAKU. March 19 (Interfax) - The State Oil Company of the Azerbaijani Republic (SOCAR) will hold a 33.34% stake in a consortium with Israel's NewMed Energy and the UK's BP Plc in an offshore project in ...

Baku is expanding its energy strategy beyond Central Asia by solidifying its presence in Israel.View on euronews ...

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

These initiatives are being carried out under a project management consultancy (PMC) agreement signed on October 11, 2024.

The Israeli Energy Ministry has indicated that more licences are expected to be granted, with a fifth bidding round planned for later in the year.

Israel awarded licenses to BP, Azeri national oil firm Socar and local company NewMed Energy on Monday to explore 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 ...

BAKU. March 17 (Interfax) - A consortium of the State Oil Company of the Azerbaijani Republic (SOCAR), BP Plc and Israel's NewMed Energy received licenses for gas exploration in Israel's exclusive ...

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

The State Oil Company of the Azerbaijan Republic (SOCAR) on Monday received official approval to explore natural gas ...

A consortium of BP, Azerbaijan state oil and gas firm Socar, and Israeli company NewMed Energy signed a licensing agreement to explore for natural gas offshore Israel.