Sources have informed Globes that SOCAR, as the operator in a consortium with British Petroleum (BP) and Yitzhak Tshuva's NewMed Energy to search for gas in Block I in the northwest of Israel's ...

As part of the licensing for Cluster I, located near the Leviathan field, Socar will be the operator of the exploration ...

To reduce the risk of gas leaking into the atmosphere, oil wells now use submersible pumps in place of gas-lift to maintain production. The Vice President of SOCAR, Ms. Rafiga Huseyn-zade, said: ...

JERUSALEM, March 17 (Reuters) - Israel awarded licences to BP (BP.L), opens new tab, Azeri national oil firm Socar and local company NewMed Energy (NWMDp.TA), opens new tab on Monday to explore ...