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BP-Azerbaijan Vice President Made a Presentation at BHOS

Annual series of BP presentations at Baku Higher Oil School (BHOS) commenced in January 2017 with a lecture entitled “General overview of BP operations in Azerbaijan-Georgia-Turkey Region”.
The presentation for BHOS’ Petroleum Engineering students was made by Production Vice President of BP in Azerbaijan Elkhan Mamedov. He provided detailed information about large-scale world-class projects implemented in the region, including development of Azeri-Chirag-Deepwater Gunashli and Shah Deniz fields. He also talked about prospects of development of Shafag-Asiman structure.

BP-Azerbaijan Vice President also briefed the students about the Trans Anatolian Natural Gas Pipeline (TANAP) and the Trans Adriatic Pipeline (TAP) projects, and the role to be played by Azerbaijan in delivering natural gas to the European market after the projects’ completion.

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SOCAR senior executives attend World Economic Forum Annual Meeting in Davos

Azerbaijani delegation led by President of the Republic of Azerbaijan Ilham Aliyev at the World Economic Forum Annual Meeting in Davos on January 16-19, 2017, held a series of meetings, including the meetings with the high officials of the world’s energy companies and financial institutions. Rovnag Abdullayev, the President of SOCAR and Elshad Nasirov, Vice President of SOCAR also attended those meetings.
SOCAR management participated in the meeting of the President of the Republic of Azerbaijan Ilham Aliyev with the CEO of BP Bob Dudley. Among the issues discussed during the meeting were the future development of the ACG project, problems related to the development of the Shah Deniz project, perspectives of other projects conducted by BP and SOCAR in Azerbaijan, world trends of the oil prices and other issues.

On the 18th of January the management of SOCAR participated in the meeting of the President of Azerbaijan Ilham Aliyev with the Minister of energy, industry and mineral resources of Saudi Arabia Khalid Al-Falih and the CEO of Saudi Aramco oil company Amin Nasser. The Saudi representatives thanked the Azerbaijani side for the constructive approach of Azerbaijan and SOCAR in the issues of joint actions aimed at stabilization of the world oil prices and discussed several mutual investments projects.

SOCAR executives also attended the meeting between Azerbaijani President Ilham Aliyev and Vice-President of the European Commission, in charge of Energy Union Maroš Šefčovič. Situation with the realization of the SGC project was under discussion, together with the upcoming Ministerial meeting of the SAGC countries to take place in Baku on the 23rd February. Excellent relations of the Republic of Azerbaijan with the European institutions were mentioned. Projects of TANAP, TAP and perspectives of IAP (Ionic Adriatic pipeline) were also discussed.

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SOCAR hosts Czech delegation

On January 17, the delegation of Czech Republic headed by Minister of Industry and Trade Jan Mladek visited SOCAR main office and met with SOCAR Vice President for Field Development Yashar Latifov.
The guests were informed about the oil and gas projects implemented in Azerbaijan and their achievements. Touching upon the contribution of Azerbaijan to the European energy security, Mr. Latifov said the development of Shah Deniz gas field made Azerbaijan, one of the world’s oil producers and exporters, the natural gas producer too. TANAP and TAP projects designed for the transportation of natural gas resources from Azerbaijan to Europe have gained international support. In his turn, Czech minister said the oil import from Azerbaijan was very important for the energy supply of his country and they were closely watching the construction of gas pipelines to Europe now because this issue also was important for them.

The parties underlined the contribution of Azerbaijan-Czech Business Forum held in Baku to the development of economic relations between the countries and discussed the prospects of cooperation.

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Project participants awarded at BHOS

An awarding ceremony dedicated to completion of the Quantum Physics Presented by Young Scientists was held at Baku Higher Oil School (BHOS).
The project was implemented with financial support from Youth Foundation under the President of the Azerbaijan Republic. BHOS Rector Elmar Gasimov, Vice-Rector for General Affairs Rashad Hasanov, Professor Siyavush Azakov, and young scientists Sakin Jabbarov, Yusif Aliyev, Sevda Rzayeva and Mirlan Karimov, who were the project trainers, attended the event as honorable guests.

Speaking at the ceremony, BHOS Rector Elmar Gasimov told about a number of projects implemented by students and staff members of the Higher School with financial support from the Youth Foundation under the President of the Azerbaijan Republic. Rector Elmar Gasimov highly praised the Foundation activity and expressed his gratitude to the organisation’s management for their support of various youth initiatives and projects. He emphasised that such support is conducive to the successful implementation of the State Youth Policy in Azerbaijan.

Rector Elmar Gasimov informed that in 2016, eight projects of students and staff members of BHOS became winners of the VIII Contest for Grants by the Youth Foundation. He emphasised that all of them were carried out with support from the Higher School.

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The State Oil Company of Azerbaijan… at a glance

Discover SOCAR

The State Oil Company of the Azerbaijan Republic (SOCAR) is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate.

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International ratings

When investors and credit organizations wish to cooperate with any company, first of all the international rating of the company in discussion is reviewed.

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