Azerbaijan [cracked] — Oil And Gas Companies In

bp is the operator of the Azeri-Chirag-Gunashli (ACG) oilfield complex, which accounts for roughly 60–65% of the country's total oil production.

Numerous international firms hold stakes in Azerbaijan’s primary energy projects: Azerbaijan Oil And Gas Upstream Companies

SOCAR has expanded its international footprint significantly, acquiring assets in Turkey (STAR Refinery, Petkim), Israel (Tamar gas field), and the UAE (offshore fields). 2. bp (British Petroleum) oil and gas companies in azerbaijan

As Azerbaijan's largest foreign investor, bp has operated in the country for over 30 years with total investments exceeding $35 billion.

bp also operates the Shah Deniz gas field , one of the world's largest gas condensate fields, fueling the Southern Gas Corridor to Europe. 3. Other Major Stakeholders and Operators bp is the operator of the Azeri-Chirag-Gunashli (ACG)

SOCAR is involved in the entire value chain, including exploration, production (onshore and offshore), refining, and international marketing .

Headquartered in Baku, SOCAR is a fully state-owned national energy corporation with total assets of approximately $42 billion. Other Major Stakeholders and Operators SOCAR is involved

The oil and gas industry in Azerbaijan remains the backbone of the national economy, anchored by a unique blend of a powerful state-owned entity and world-class international partnerships. As of 2024–2025, the sector is undergoing a strategic shift from a pure resource exporter to a diversified energy infrastructure owner and a regional leader in the green energy transition . Key Oil and Gas Companies in Azerbaijan