Company Bio
SOCAR AQS was established in 2007, as an integrated drilling and well services management company between SOCAR (the State Oil Company of Azerbaijan Republic), Nobel Oil Services and AQS (Absheron Drilling Company). Nobel Oil Services – a diversified group of companies specialized in the oil and gas industry – is a major shareholder of SOCAR AQS JV.
- The JV partner, SOCAR, brings over 160 years of industrial oil well drilling experience to SOCAR AQS;
- The JV partner, AQS, brings advanced drilling technologies and new management methods to SOCAR AQS.
The company has been a contractor member of IADC since 2009. SOCAR AQS has been assessed and certified as meeting the requirements of ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 international standards for: Provision of Integrated Offshore Oil & Gas Drilling and Well Services; Casing Running Services and BOP and Wellhead Equipment Repairing and Testing Services.
In 2017, SOCAR AQS have been certified as meeting the requirements of the API Spec Q2 Quality Management System Standard for the Provision of Integrated Offshore Oil & Gas Drilling & Well Services.
SOCAR AQS owns a total of 6 Rigs, two of which are cyber rigs. 6 rigs are operating off the coast of Azerbaijan in the Umid, Gunashli, West Absheron, Bulla-deniz Fields and one land rig operating in Bangladesh for BAPEX project.
Additionally, the company operates 3 small size Mobile Rig for Top Hole drilling, 6 main rigs for the main phase of drilling operation and 3 Completion Rigs to finalize well related operations with an accelerated project execution manner within the expansion of Tuz golu underground gas storage project in Turkey.
As part of its ongoing international development objectives, and expanding its capacity to deliver complex onshore and offshore drilling projects while sustaining significant cost efficiencies, together with KCA Deutag, SOCAR AQS formed a Turan Drilling & Engineering joint venture (JV) in 2018. For more information about the JV click here.
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Our Vision:
Add the highest value to stakeholders being a modern international company by delivering integrated and efficient energy solutions.
Our Mission:
To continue Azerbaijan’s historically leading role in modern energy industry.
Our Values:
SOCAR AQS is a value-based company and our value pillars are:
- Safety – At the core of our organizational culture stands Safety, which we define as doing things right the first time, even when no one is watching. We believe that all incidents and accidents are preventable, and it is perfectly possible to live and work every moment of our professional and personal lives without incident;
- Quality – Dedication to excellence is our prime mission. We are committed to providing the highest degree of quality in every product, solution, service, and endeavor or our company while meeting the industry’s highest quality standards;
- Integrity – Ethics, and integrity are the foundation of our company and the guiding principles for all of our operations;
- Novelty – We welcome innovations and strive to apply the best in industry practices every time ;
- Frugality – To be frugal we pay special attention to efficiently manage our resources;
- Tenacity – As a company open to new challenges, we take each opportunity as a learning experience and overcome any obstacle that we face on our way to achieve our goals;
- Unity – We value each individual in our company. We are one team;
- Stakeholder centricity – We understand that our stakeholders are the reason for our success in business and strive to deliver the highest standard of quality for all of our stakeholders while adding the highest value;
- Audacity – Each individual working for our company is encouraged to take reasonable professional courage for commitments
