What Does State Oil Company of the Republic of Azerbaijan (SOCAR) Do?

Total employees4276
HeadquartersBaku
Founded1992

SOCAR (State Oil Company of Azerbaijan Republic) is a fully state-owned national oil and gas company headquartered in Baku, Azerbaijan. It is a major force in the Caspian region and internationally, involved in the exploration, development, production, processing, transportation, and marketing of oil, natural gas, and petrochemicals. SOCAR plays a crucial role in Azerbaijan's economy and energy strategy, managing extensive upstream, midstream, and downstream assets, and is increasingly investing in renewable energy projects.

Where Is State Oil Company of the Republic of Azerbaijan (SOCAR)'s Headquarters?

State Oil Company of the Republic of Azerbaijan (SOCAR) officeState Oil Company of the Republic of Azerbaijan (SOCAR) officeState Oil Company of the Republic of Azerbaijan (SOCAR) officeState Oil Company of the Republic of Azerbaijan (SOCAR) office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central administrative and strategic hub for SOCAR's global oil and gas operations, overseeing exploration, production, refining, petrochemicals, trading, and international ventures.

Notable Features:

The SOCAR Tower, a 42-floor landmark skyscraper, is one of Baku's tallest buildings, known for its distinctive twisting design inspired by a flame and wind, and advanced sustainable building technologies.

Work Culture:

A dynamic and professional environment focused on innovation, safety, national development, and engineering excellence within the energy sector. There is an increasing emphasis on sustainability and technological advancement.

HQ Significance:

Represents the heart of Azerbaijan's energy industry, coordinating national and international projects vital to the country's economy, energy security, and its role in global energy markets.

Values Reflected in HQ: Modernity, technological advancement, national pride, strategic importance of energy, and an increasing commitment to sustainable practices, as reflected in the building's design and company strategy.

Location:

SOCAR supports a wide range of functions globally, including oil and gas exploration and production, refining, petrochemicals, trading, retail fuel networks, and pipeline operations. Key countries of operation and investment beyond Azerbaijan include Turkey, Georgia, Switzerland, Romania, Ukraine, and participation in major transnational pipeline projects connecting the Caspian region to European markets.

Street Address:

121 Heydar Aliyev Avenue, SOCAR Tower

City:

Baku

State/Province:

Baku

Country:

Azerbaijan

Where Else Does State Oil Company of the Republic of Azerbaijan (SOCAR) Operate Around the World?

Istanbul, Turkey

Address: SOCAR Turkey Enerji A.Ş. - Varyap Meridian Grand Tower, Barbaros Mah. Ardıç Sok. No:2, Ataşehir, İstanbul, Turkey

Strategic hub for downstream, petrochemical, and refining operations, serving Turkish and European markets, and a key part of SOCAR's international expansion and value chain integration.

Tbilisi, Georgia

Address: SOCAR Energy Georgia - 10 Kote Marjanishvili St, Tbilisi, Georgia

Key market for SOCAR's retail and distribution network, strengthening energy ties and ensuring stable supply to a neighboring country, supporting local economic activity.

Geneva, Switzerland

Address: SOCAR Trading SA - Rue du Mont-Blanc 3, 1201 Geneva, Switzerland

Global hub for international oil and petroleum products trading, optimizing export revenues, managing price risks, and expanding SOCAR's reach in global energy markets.

Bucharest, Romania

Address: SOCAR Petroleum S.A. - Charles de Gaulle Plaza, 15 Charles de Gaulle Square, 1st district, Bucharest, Romania

Expansion of SOCAR's retail footprint in Eastern Europe, providing high-quality fuel and services, and enhancing brand presence in the region.

Buying Intent Signals for State Oil Company of the Republic of Azerbaijan (SOCAR)

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading State Oil Company of the Republic of Azerbaijan (SOCAR)? Meet the Executive Team

As of April 2025, State Oil Company of the Republic of Azerbaijan (SOCAR)' leadership includes:

Rovshan Najaf - President
Kanan Najafov - First Vice-President
Arzu Javadova - Vice-President for Human Resources
Zaur Gurbanov - Vice-President for Investment and Marketing
Ismayil Zargarli - Vice-President for Data and Technology
Afgan Isayev - Vice-President for Environment
Fuad Musayev - Vice-President for Strategic Development

Who's Investing in State Oil Company of the Republic of Azerbaijan (SOCAR)?

State Oil Company of the Republic of Azerbaijan (SOCAR) has been backed by several prominent investors over the years, including:

The Republic of Azerbaijan (State-owned enterprise)

What Leadership Changes Has State Oil Company of the Republic of Azerbaijan (SOCAR) Seen Recently?

Hire8
Exits5

In early 2023, SOCAR implemented significant changes in its vice-presidential team following the appointment of Rovshan Najaf as President in mid-2022. This involved several new appointments and reassignments to align with the company's strategic priorities. These changes, though slightly older than 12 months from mid-2024, represent the most recent major leadership restructuring. More recent top-level changes in the immediate past 12 months have not been as widely publicized.

Departures

Various former VPs (specific names not consistently publicized), Several vice-presidents were relieved of their posts as part of a broader leadership team restructuring at SOCAR.

New Appointments:

Kanan Najafov, Appointed as First Vice-President, a key leadership role within SOCAR.
Ismayil Zargarli, Appointed to lead SOCAR's data and technology strategies.
Arzu Javadova, Appointed to oversee human resources functions at SOCAR.
Zaur Gurbanov, Appointed as Vice-President for Investment and Marketing.
Anar Mammadov, Appointed as Vice-President for Field Development.
Afgan Isayev, Appointed as Vice-President for Environment.
Fuad Musayev, Appointed as Vice-President for Strategic Development.
Bahram Huseynov, Appointed as Vice-President for Geology and Geophysics.

What Technology (Tech Stack) Is Used byState Oil Company of the Republic of Azerbaijan (SOCAR)?

Discover the tools State Oil Company of the Republic of Azerbaijan (SOCAR) uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

State Oil Company of the Republic of Azerbaijan (SOCAR) Email Formats and Examples

SOCAR, like many large corporations, uses standardized email formats for its employees. Common patterns typically involve combinations of the employee's first name, last name, or initials. While the exact primary format isn't publicly documented, variations of these are common.

[first_initial][last_name]@socar.az (e.g., jdoe@socar.az) or [first_name].[last_name]@socar.az (e.g., john.doe@socar.az)

Format

rnajaf@socar.az (speculative example for Rovshan Najaf, using [first_initial][last_name])

Example

70%

Success rate

What's the Latest News About State Oil Company of the Republic of Azerbaijan (SOCAR)?

Reuters • May 23, 2024

SOCAR news title: Azerbaijan's SOCAR in talks with Eni on LNG supplies to Italy

Azerbaijan's state energy company SOCAR is in talks with Italy's Eni about potentially supplying liquefied natural gas (LNG) to Italy and expanding retail operations there. Discussions also cover traditional gas supplies and SOCAR's potential entry into Eni's renewable energy projects....more

Trend News Agency • May 7, 2024

SOCAR news title: SOCAR President discusses green energy initiatives with Masdar CEO

SOCAR President Rovshan Najaf met with Masdar CEO Mohamed Jameel Al Ramahi to discuss ongoing and future collaborations in green energy projects, including solar and wind power, aligning with Azerbaijan's renewable energy goals and SOCAR's energy transition strategy....more

Argus Media • April 26, 2024

SOCAR news title: SOCAR ups Romania investment with new depot

SOCAR has inaugurated a new petroleum products depot in Teius, Romania, with a capacity of 26,000 cubic meters. This investment enhances its storage and distribution capabilities in the Romanian market, supporting its strategic expansion in the region's retail fuel sector....more

Highperformr's free tools for company research

Explore Employees by Region or Country

See where a company’s workforce is located, by country or region.

View Funding Details

View past and recent funding rounds with amounts and investors.

Understand Revenue Insights

Understand company revenue estimates and financial scale.

Track Active Job Openings

Track active roles and hiring trends to spot growth signals.

Review Product and Offerings

Discover what a company offers—products, platforms, and solutions.

Get SIC or NAICS Codes

Get the company’s official SIC and NAICS classifications.

Analyze Website Traffic Trends

Analyze visitor volume, engagement, and top traffic sources.

Discover Social Profiles and Engagement

Explore LinkedIn, Twitter, and other active social profiles.

Identify Top Competitors

Identify top competitors based on similar business traits.

Research and Discover Companies with Highperformr — Smarter, Faster

Explore companies in depth — from the tech they use to recent funding, hiring trends, and buyer signals — all in one powerful view.

Highperformr AI helps you surface the right accounts and enrich your CRM with verified company and contact insights, so your teams can prioritize and engage faster.

  • Track intent signals to find buyers who are actively in-market
  • Enrich contacts and companies instantly, no need to switch tools
  • Automate workflows to stay ahead of every change
  • Connect your CRM & tools for seamless data sync and activation

Thousands of companies, including State Oil Company of the Republic of Azerbaijan (SOCAR), are just a search away.