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 is expanding its energy strategy beyond Central Asia by solidifying its presence in Israel.View on euronews ...

Gordon Birrell, bp’s executive vice president, production and operations, paid a planned one-day working visit to Baku today.

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

These initiatives are being carried out under a project management consultancy (PMC) agreement signed on October 11, 2024.

The Israeli Energy Ministry has indicated that more licences are expected to be granted, with a fifth bidding round planned for later in the year.

Israel awarded licenses to BP, Azeri national oil firm Socar and local company NewMed Energy on Monday to explore natural gas ...

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 ...

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

The State Oil Company of the Azerbaijan Republic (SOCAR) on Monday received official approval to explore natural gas ...

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

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