BP has entered its first upstream project in Uzbekistan after acquiring a 40% stake in a production sharing agreement ...

First project in Uzbekistan: BP joined SOCAR and Uzbekneftegaz in a production sharing agreement for six North Ustyurt exploration blocks, taking a 40% stake. Operational reorganization: BP will ...

BAKU. May 13 (Interfax) - The State Oil Company of the Azerbaijani Republic (SOCAR) and Hungary's MOL Group have discussed joint projects in oil and gas production in Azerbaijan, SOCAR President ...

UK oil and gas major BP Plc announced on Wednesday that it has joined a production sharing agreement (PSA) for six blocks in the North Ustyurt region of Uzbekistan that was previously signed by the ...

SOCAR has completed its acquisition of Italiana Petroli after securing all regulatory approvals, marking a major expansion of ...

SOCAR, the state oil company of Azerbaijan, has signed an addendum to an existing PSA. The addendum is for the Azeri-Chirag fields and the deep-water portion of the ACG in the Azerbaijan sector of the ...

Following the acquisition, Italiana Petroli became part of the international SOCAR group, strengthening the Azerbaijani ...

Socar will push ahead with its initial public offering (IPO), despite the unfavorable market conditions that forced many big names to cancel their plans to go public. “The market situation isn't great ...

It is reported that the mobility platform SOCAR is conducting voluntary resignations for underperforming employees. SOCAR has been experiencing losses after a temporary profit in 2022. According to ...

Car-sharing app SoCar became the first mobility start-up in Korea to be valued above 1 trillion won ($873 billion), the company said Friday. In its latest round of investment, SoCar raised 60 billion ...