Bond.az White LogoBond.az Black Logo

SOCAR to open representative office in Uzbekistan

SOCAR to open representative office in Uzbekistan. Shavkat Mirziyoyev received SOCAR head. Cooperation in energy sector expands.

Henry Walker
ByHenry Walker- Senior Editor
|
0

The State Oil Company of Azerbaijan (SOCAR) will open a representative office in Uzbekistan.

Oxu.Az reports, citing "Report", that the press service of the President of Uzbekistan disseminated this information.

According to the information, today President Shavkat Mirziyoyev received SOCAR head Rovshan Najaf, as well as BP top managers Ariel Flores and Giovanni Cristofolini, who came to the country to participate in the "Uzbekistan Energy Week - 2026" forum.

"The parties considered issues of expanding mutually beneficial cooperation. The existence of successful cooperation in the energy sector was noted with satisfaction. SOCAR is Uzbekistan's partner in the implementation of the project for the development of hydrocarbon fields on the Ustyurt plateau. A decision was made to open a SOCAR representative office in Uzbekistan. The joining of the British company British Petroleum to this large-scale project was highly appreciated," the information says.

More News
Today / 12:47
|
329

$1.8M for Lachin Victory Museum

Construction of Lachin Occupation and Victory Museum Complex to cost 9.9 million manats. Tender announced.

0
Today / 09:05
|
507

WUF13: New Opportunities for Businesses and Startups

WUF13 offers global experience, partnership and innovation opportunities for businesses and startups. May 17-22, 2026 in Baku.

0
Today / 06:31
|
712

Lachin to Build Residential Quarter for 41M Manat

Lachin announces tender for a 41 million manat residential quarter. Construction to be handled by Hovers Group.

0
Today / 05:46
|
862

Azerbaijani oil gets more expensive

Azerbaijani oil price rises 4.93% to $115.93. "Azeri Light" crude becomes more expensive.

0
Yesterday / 17:51
|
696

Moody's: SGC Minority Stake to Be Sold to XRG

Moody's affirms SGC's Baa3 rating, positive outlook; minority stake sale to XRG planned by 2026.

0
Yesterday / 11:24
|
532

Ministry of Economy, SOCAR Sign MoU with bp

The Ministry of Economy, SOCAR, and bp sign MoUs on HPC and energy cooperation.

0
Yesterday / 11:18
|
575

Individual bank deposits hit 16.96 bln AZN

Individual bank deposits in Azerbaijan grew to 16.96 bln AZN in the first four months of 2025, a 12.5% year-on-year increase.

0
Yesterday / 08:35
|
795

Azerbaijani oil reaches Japan

First batch of Azerbaijani oil delivered to Japan. ENEOS buys 283,000 barrels. Supply diversification amid Hormuz blockade.

0
2026-05-07 11:29
|
500

New Trend in Baku Real Estate Market

Baku real estate market index rose 1.8% in April 2026. Analysis of new trends, segments, and AAP index.

0
2026-05-03 16:10
|
278

OPEC+ Agrees to Boost Output by 188,000 bpd: A Move to Restore Market Confidence

OPEC+ agrees to raise oil output by 188,000 bpd in June, addressing supply worries after UAE exit and Iran conflict. Explore market impact and price trends.

0
2026-05-03 12:45
|
470

Azerbaijan's non-oil exports reach record levels

Non-oil exports rose by 25% in the first quarter of 2026, reaching a new peak.

0
...