News Archive

31 January 2017

Schneider Electric’s Training Centre established at BHOS


Schneider Electric Company in Azerbaijan has provided Baku Higher Oil School (BHOS) with the Triconex Demo system for production operations safety based on the Tricon (SIL-3) controller. It is set up at a Training Center, which has been also set up by Schneider Electric at the Higher School’s new campus, and shall be used for training and education of BHOS’ students and SOCAR’s specialists.

Donation of the equipment to the Higher School is aimed at providing material, technical and methodological support to ensure high-quality training of professional engineers at BHOS. It will also help them acquire basic knowledge of design and operation of the Triconex Demo system, become acquainted with its capabilities on the spot, learn about advanced technologies in the field of production processes’ safety, and better understand issues related to safety.

Triconex is a modern system designed to meet the needs of safety, prevention of industrial accidents and critical control applications for high hazard industries including oil and gas sector. For more than 30 years, it has been keeping equipment and production operating safely and continuously for life of the asset. The operations covered by the system include Emergency Shutdown, Fire and Gas Detection, High Integrity Pressure Protection, Burner Management, Boiler Protection, Turbine Protection, and Nuclear Safety and Critical Control.

As the Schneider Electric’s Central Asia Country President Emrah Tekdemir commented, the company intends to provide all necessary support the efforts of the Government of the Azerbaijan Republic on introduction and usage of modern technologies, engineering and services. “We very much hope that this new initiative of Schneider Electric will contribute towards achieving this goal and developing Azerbaijani engineers. Equipping Higher School’s students and SOCAR specialists with global knowledge and experience today, we enable them to apply this unique knowledge and advanced technologies for implementing projects in Azerbaijan tomorrow,” he said.

30 January 2017

Ambassador of Mexico visited BHOS


A meeting of Rector of Baku Higher Oil School (BHOS) Elmar Gasimov with the Ambassador of the United Mexican States to Azerbaijan Rodrigo Labardini and attaché of the Embassy Mario Fernandez took place at BHOS. The Rector informed the guests about activity of the School, attainments, teaching process and conditions created for the students. He also told about international ties with leading universities, international companies and organizations from other countries.

Having expressed his gratitude for the warm reception, the Ambassador Rodrigo Labardini dwelled on the prospects of BHOS partner relations with higher education institutions in Mexico. Speaking about significance of cooperation between two countries in the field of education, he emphasized that it would be important to develop BHOS’ cooperation with the Mexican Petroleum Institute.

The meeting participants discussed possible spheres of future cooperation and implementation of joint projects including student and teachers exchange programs and scientific research. An option to arrange a Day of Mexico at the Baku Higher Oil School was also considered.

27 January 2017

Renewable Energy Sources seminar held at BHOS


A scheduled session of ongoing seminar entitled “Renewable Energy Sources: Challenges and Prospects” was held at Baku Higher Oil School (BHOS). Representatives from state agencies, various institutions of Azerbaijan National Academy of Sciences, non-governmental organisations, and companies operating in Azerbaijan attended the seminar. BHOS lecturers and students also participated in the session.

At the meeting, deputy head of the Centre for Renewable Energy Resources Monitoring of the Azalternativenerji LLC Rasim Mammadov presented a paper on “Monitoring of Renewable Energy Resources”. As he reported, 21 meteorological stations had been set up across the country for monitoring the renewable energy resources. Their assessment then is made on the basis of measurement of various parameters including radiation, humidity, wind speed, and atmospheric temperature at different altitudes during a year.

In conclusion, Rasim Mammadov answered the seminar participants’ questions. Next session of the seminar is scheduled for February 2017.

26 January 2017

BHOS rector visited Vietnam Petroleum Institute


Rector of Baku Higher Oil School (BHOS) Elmar Gasimov participated in the first meeting of the Azerbaijan-Vietnam Intergovernmental Commission held in Hanoi. Within the visit, Mr. Gasimov had a number of meetings in the Vietnam Petroleum Institute. In the course of the meeting with a chief, General Manager of the Science and Strategy Department, and Economic Studies Management Assistant of Institute, Mr. Gasimov spoke about perspectives of Vietnamese students’ study at the Higher School and provided detailed information about infrastructure and conditions created for students’ education and social and cultural development at the BHOS’ new campus. Mr. Gasimov also met with General Manager of the International Relations department of the Ministry of Science and Education of Vietnam and told him about prospects of education of Vietnamese students and specialists at BHOS. At the meeting, an agreement on taking further steps in this direction was reached.

The Azerbaijani delegation was received by the President of the Socialist Republic of Vietnam Tran Dai Quang. At the reception, issues related to development of bilateral cooperation between two countries were discussed.

25 January 2017

Romanian Ambassador visited Baku Higher Oil School


The Ambassador of Romania to Azerbaijan Dan Iancu visited Baku Higher Oil School (BHOS) and made a presentation for the Higher School students, teachers and staff members. The Ambassador spoke about the significance of this date for Romania, which was founded as a modern state on 24 January 1859. He provided brief information about Romania’s history and dwelled more extensively on the beginning of the oil extraction and processing in the 19th century, and further development of the oil industry in the country. He emphasized that Romania, like Azerbaijan, is also working on exploration and utilization of alternative and renewable energy sources.

Speaking about strengthening ties between Azerbaijan and Romania, Mr Ian Dancu said, “We are very interested in further enhancing our cooperation with Azerbaijan in many fields and will provide all necessary support to the Higher School in developing partner relations with universities in Romania,” he said. At the end, the Romanian Ambassador Dan Iancu answered questions from the audience.

23 January 2017

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.

At the end of lecture, the guest answered numerous questions asked by the students.

21 January 2017

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.

SOCAR management also participated in the meeting of the President of Azerbaijan Ilham Aliyev with the President and CEO of Statoil company Eldar Saertre and his team. The two sides discussed the perspectives of the development of ACG project and the pace of development of KADU project (Qarabagh, Ashrafi, Dan Ulduzu).

SOCAR also participated in the meeting of the President of Azerbaijan Ilham Aliyev with the President of Ukraine Petro Poroshenko and the ministerial delegation of Ukraine. The Ukrainian President mentioned the role of SOCAR in expanding the trade turnover between the two countries and the high standards of the SOCAR petroleum filling stations in Ukraine and Switzerland, the recent supplies of Azeri Light crude oil to the Ukrainian refineries and invited SOCAR to consider further investment projects in Ukraine including transportation and refining of oil, including investments in the Ukrainian refineries, ports and other items of infrastructure. The two sides agreed to exchange high level delegations, in addition to the bilateral economic commission, to discuss and implement different projects.

SOCAR delegation participated in several other meetings of the President of Azerbaijan Ilham Aliyev, including the meeting with the Head of the Iraqi Kurdistan regional Government Masoud Barzani, where they emphasized the possibility of researching the cooperation opportunities in the energy, import-export and other fields.

SOCAR executives joined the panel discussions and participated in a working lunch for the Senior Management of oil and gas major companies with BP CEO as the moderator of the meeting.

SOCAR team met with Mr. Amin Nasser, the President of Saudi Aramco oil company, and vice-president Abdulaziz Al-Judami. Two companies discussed possible cooperation in different countries on many projects and agreed the future joint actions within the framework of OPEC-Non OPEC countries’ cooperation aimed at optimization of the world oil prices.

The SOCAR management had a meeting with the CEO of Al-Dabbagh group of companies, former Minister of agriculture of the Kingdom of Saudi Arabia, Amr Abdulla Al Dabbagh. Possible cooperation and investment projects were under discussion. The SOCAR management had also a meeting with the CEO of a US company APCO, Margery Kraus, to discuss possible ways of cooperation.

SOCAR management had a meeting with the newly appointed Commissioner for budget and human resources, Mr. Gunther Oettinger and the Head of his office Mr. Michael Hager. Among the issues of the discussions were the financing of the Southern Gas Corridor through different European financial institutions, different problems with the realization of the project and the ways of solving them, the upcoming meetings of SOCAR team in Brussels related to the SGC. Mr. Oettinger plans to pay a visit to Azerbaijan in September of 2017.

The President of SOCAR R. Abdullayev also participated in the working dinner hosted by the Head of Goldman Sachs International Richard John Gnodde and had meetings with CEOs of different energy and financial companies.

17 January 2017

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.

12 January 2017

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.

The Quantum Physics Presented by Young Scientists Project manager, Head of the BHOS Student Affairs department and Chairperson of the Higher School Trade Union Committee Habiba Sadigli provided information about the project. She said that the project started on November 27 last year. Within five weeks of the project implementation, trainings and other activities were conducted by young scientists every Sunday at the BHOS premises. The project Organising Committee was comprised of the Higher School students.

BHOS Professor Siyavush Azakov and project trainers Sakin Jabbarov, Yusif Aliyev, Sevda Rzayeva and Mirlan Karimov emphasised that the project was very well organised and attracted interest of its participants. They also expressed their confidence that similar projects would carried out in the future.

At the end of the ceremony, the project participants were awarded with certificates and presents.

11 January 2017

SOCAR’s budget payments for December 2016


SOCAR paid AZN 129 million 56 thousand to the State Budget in December 2016 which is AZN 53 million 736 thousand (171,3%) more than the same period of 2015. For January-December 2016, SOCAR transferred AZN 1 billion 395 million 421 thousand to the State Budget. Besides, the Company’s payment to the State Social Protection Fund amounted AZN 12 million 666 thousand in December. As a whole, the January-December payments to State Social Protection Fund totalled AZN 144 million 417 thousand which is AZN 5 million 119 thousand (103,7%) more compared to the same period of 2015.