SOCAR geologists studying Azerbaijan’s onshore oil and gas sites
The Geophysics and Geology Department of the State Oil Company of Azerbaijan (SOCAR) has initiated a systematic geophysical research program of the Guba-Caspian oil and gas area.
The department reported that the research is being carried out by various methods of integrated geophysical exploration. The purpose is to study the geological structure of the area.
SOCAR includes production association Azneft (companies producing oil and gas on land and sea), production association Azerkimya (chemical industry), production association Azerigas (gas distribution).
SOCAR is the only producer of oil products in the country (it has two refineries on its balance sheet) and also owns petrol stations in Azerbaijan, Georgia, Ukraine and Romania. SOCAR possesses a network of petrol stations in Switzerland.
SOCAR is also co-owner of the largest Turkish petrochemical complex Petkim.
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