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

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

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

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

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

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

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

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

SOCAR organized an event to mark the 100th anniversary of the oil industry archive, Azernews reports, citing the company. < ...

Israel awarded licences to BP , Azeri national oil firm Socar and local company NewMed Energy on Monday to explore for ...

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