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Country summary: Azerbaijan

energy-pedia opportunities - Azerbaijan:
Current deals: 0
Licensing articles: 16
Completed deals: 14

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Azerbaijan - recent news

11 May 26
Azerbaijan: SOCAR completes the acquisition of Italiana Petroli (IP) from API Holding
SOCAR thas announced the completion of the acquisition of 99.82% of the shares of Italiana Petroli (IP) from API Holding. The acquisition reflects SOCAR’s long-term strategy of expanding its integrated energy value chain and strengthening its presence across Europe, with Italy representing a core market within its regional portfolio.
03 Mar 26
INPEX signs SPA to acquire additional shares in INPEX South West Caspian Sea Petroleum
INPEX has signed a share purchase agreement (SPA) following an agreement to acquire 49 percent of the shares in INPEX South West Caspian Sea Petroleum. Through ISWCS, INPEX owns a participating interest in the Azeri-Chirag-Gunashli (ACG) Contract Area in the Caspian Sea offshore the Republic of Azerbaijan.
20 Feb 26
Azerbaijan: Gran Tierra Energy signs onshore exploration, development and production sharing agreement with the State Oil Company of Azerbaijan
Gran Tierra Energy has signed, through an indirect wholly owned subsidiary, an exploration, development and production sharing agreement ('EDPSA') for the onshore Guba- Khazaryani region within the Republic of Azerbaijan with the State Oil Company of the Republic of Azerbaijan ('SOCAR').
19 Feb 26
Azerbaijan: Helmerich & Payne joint venture secures major offshore operations and maintenance contract in the Caspian Sea
Turan Drilling and Engineering Company (TURAN), a joint venture with Helmerich & Payne (H&P), has been awarded a long-term offshore operations and maintenance contract renewal by bp in the Caspian Sea, offshore Azerbaijan.
19 Feb 26
Azerbaijan: SOCAR and Gran Tierra Energy sign Exploration, Development and Production Sharing Agreement for the prospective area in Guba-Khazaryan
An Exploration, Development and Production Sharing Agreement (EDPSA) was signed between SOCAR and Gran Tierra Energy Inc. covering an onshore prospective area in the Guba–Khazaryani region of the Republic of Azerbaijan.

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