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

BP plc BP, the UK-based energy major, and Azerbaijan’s SOCAR have entered Israel’s offshore gas sector through a joint licensing agreement with NewMed Energy, the Israeli Energy Ministry announced on ...

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

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 ...

BAKU, Azerbaijan, March 18.​ In the course of a business visit to Israel led by Mikayil Jabbarov, Azerbaijan's Minister of Economy, officials engaged in talks aimed at strengthening the economic ...

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

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

Azerbaijan is set to expand its energy strategy beyond the region to the Mediterranean, by taking important steps in Israel.

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

Azerbaijan State Oil Company (SOCAR) is set to increase its involvement in Israel's energy industry. Sources have informed Globes that SOCAR, as the operator in a consortium with British Petroleum ...

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

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