Azerbaijan state oil and gas firm Socar, and Israeli company NewMed Energy (OTCPK:DKDRF) signed a licensing agreement to ...

The Azerbaijan State Oil Company (SOCAR) was awarded exploration rights by Israel in 2023. However, progress in the ...

BP, SOCAR, and NewMed Energy have signed a licensing agreement to explore for natural gas offshore Israel, marking BP's entry ...

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

BAKU, Azerbaijan, March 18.​ In the course of a business visit to Israel led by Mikayil Jabbarov, Azerbaijan's Minister of ...

BAKU, Azerbaijan, March 17. State Oil Company of Azerbaijan (SOCAR) has received licenses to conduct exploration work in ...

Deepwater area is now in the hands of Socar, BP and NewMed, with Eni waiting in wings to have its fourth-round bid formalised ...

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

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. March 18 (Interfax) - The State Oil Company of Azerbaijan Republic (SOCAR) and Israeli company Union Energy have signed a memorandum of understanding on joint exploration for gas in Israel's ...

In 1846, the first oil well was drilled in Bibi-Heybat, marking the beginning of industrial oil production in Azerbaijan and ...

BP (BP) has been awarded a license to explore for natural gas in Israeli waters along with Azerbaijan state oil company Socar ...