: The company is a key partner in major international projects like the Azeri–Chirag–Gunashli (ACG) oil field and the Shah Deniz gas field.
: SOCAR has begun diversifying into sustainable energy, commissioning Switzerland’s first fast-charging station for electric trucks and exploring offshore wind projects with Technip Energies. Controversies and Public Image
While a major economic driver, SOCAR has faced significant scrutiny: Socar Wikipedia
: In late 2023, SOCAR acquired assets from the Norwegian firm Equinor, including stakes in the BTC pipeline and the ACG oil field.
: By 2025, the company expanded its footprint by acquiring a 10% stake in Israel's Tamar gas field and signing agreements to deliver gas to Syria via Turkey. : The company is a key partner in
: The company is headquartered in the SOCAR Tower , a 209-meter skyscraper in Baku designed with a "wind and fire" concept to withstand severe earthquakes and wind speeds.
: SOCAR operates the Heydar Aliyev Baku Oil Refinery , the country's only such facility, and the STAR Oil Refinery in Turkey. : By 2025, the company expanded its footprint
SOCAR's activities span the entire energy value chain, from exploration to retail: