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State Oil Company of the Azerbaijan Republic (SOCAR)

(Azerbaijan)



Oil & Gas Business

Oil and Gas Production in 2022: 177 mmboe
Upstream Expansion:
The upstream expansion figure shows how much oil and gas resources a company is extremely likely to add to its production portfolio in the short term (approx. 1-7 years).
659 mmboe
Midstream Expansion:
“Pipeline” means a company is developing ≥100km of oil or gas pipelines. “LNG” means a company is developing LNG terminals with ≥1Mt of annual gas liquefaction capacity.
Pipeline
Gas-fired Power Expansion:
“Yes” for all companies that are developing ≥100 MW of gas-fired power capacity.
No

Listed on the Global Oil & Gas Exit List 2023



Total investments in State Oil Company of the Azerbaijan Republic (SOCAR): $ 199 M by 55 investors

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55 results  Total investment of current selection: $ 199 M


# Name Name Name Type Country of HQ Country of HQ Country of HQ Sectors subsidiaries Shares $M Bonds $M Total $M
1 State Oil Company of the Azerbaijan Republic (SOCAR) Neuberger Berman investment United States Azerbaijan North America Central & Western Asia 28 M 28 M
2 State Oil Company of the Azerbaijan Republic (SOCAR) Royal Bank of Canada investment Canada Azerbaijan North America Central & Western Asia 21 M 21 M
3 State Oil Company of the Azerbaijan Republic (SOCAR) Fidelity Investments investment United States Azerbaijan North America Central & Western Asia 14 M 14 M
4 State Oil Company of the Azerbaijan Republic (SOCAR) JPMorgan Chase investment United States Azerbaijan North America Central & Western Asia 14 M 14 M
5 State Oil Company of the Azerbaijan Republic (SOCAR) BlackRock investment United States Azerbaijan North America Central & Western Asia 11 M 11 M
6 State Oil Company of the Azerbaijan Republic (SOCAR) Vontobel investment Switzerland Azerbaijan Europe (non EU) Central & Western Asia 10 M 10 M
7 State Oil Company of the Azerbaijan Republic (SOCAR) Intesa Sanpaolo investment Italy Azerbaijan Europe (EU) Central & Western Asia 9 M 9 M
8 State Oil Company of the Azerbaijan Republic (SOCAR) MassMutual Holdings investment United States Azerbaijan North America Central & Western Asia 9 M 9 M
9 State Oil Company of the Azerbaijan Republic (SOCAR) UBS investment Switzerland Azerbaijan Europe (non EU) Central & Western Asia 9 M 9 M
10 State Oil Company of the Azerbaijan Republic (SOCAR) Bedrijfstakpensioenfonds voor de Bouwnijverheid (BpfBOUW) investment Netherlands Azerbaijan Europe (EU) Central & Western Asia 7 M 7 M
11 State Oil Company of the Azerbaijan Republic (SOCAR) Assicurazioni Generali investment Italy Azerbaijan Europe (EU) Central & Western Asia 5 M 5 M
12 State Oil Company of the Azerbaijan Republic (SOCAR) Ashmore Group investment United Kingdom Azerbaijan Europe (non EU) Central & Western Asia 4 M 4 M
13 State Oil Company of the Azerbaijan Republic (SOCAR) Colchester Global Investors investment United Kingdom Azerbaijan Europe (non EU) Central & Western Asia 4 M 4 M
14 State Oil Company of the Azerbaijan Republic (SOCAR) Banco Mediolanum investment Italy Azerbaijan Europe (EU) Central & Western Asia 4 M 4 M
15 State Oil Company of the Azerbaijan Republic (SOCAR) ABN Amro investment Netherlands Azerbaijan Europe (EU) Central & Western Asia 4 M 4 M
16 State Oil Company of the Azerbaijan Republic (SOCAR) Legal & General Investment Management (LGIM) investment United Kingdom Azerbaijan Europe (non EU) Central & Western Asia 4 M 4 M
17 State Oil Company of the Azerbaijan Republic (SOCAR) Prudential Plc investment United Kingdom Azerbaijan Europe (non EU) Central & Western Asia 4 M 4 M
18 State Oil Company of the Azerbaijan Republic (SOCAR) State of Wisconsin Investment Board investment United States Azerbaijan North America Central & Western Asia 3 M 3 M
19 State Oil Company of the Azerbaijan Republic (SOCAR) Sun Life Financial investment Canada Azerbaijan North America Central & Western Asia 3 M 3 M
20 State Oil Company of the Azerbaijan Republic (SOCAR) Richmond Capital Management investment United States Azerbaijan North America Central & Western Asia 3 M 3 M
21 State Oil Company of the Azerbaijan Republic (SOCAR) Raiffeisen Banking Group investment Austria Azerbaijan Europe (EU) Central & Western Asia 3 M 3 M
22 State Oil Company of the Azerbaijan Republic (SOCAR) Virtus Investment Partners investment United States Azerbaijan North America Central & Western Asia 2 M 2 M
23 State Oil Company of the Azerbaijan Republic (SOCAR) GRAWE Group investment Austria Azerbaijan Europe (EU) Central & Western Asia 2 M 2 M
24 State Oil Company of the Azerbaijan Republic (SOCAR) AXA investment France Azerbaijan Europe (EU) Central & Western Asia 2 M 2 M
25 State Oil Company of the Azerbaijan Republic (SOCAR) BNP Paribas investment France Azerbaijan Europe (EU) Central & Western Asia 2 M 2 M



Remarks
Financial data is drawn from the commercial database Refinitiv (now known as LSEG Data & Analytics). For a selection of pension and sovereign wealth funds, data was collected from the fund disclosures and SEC filings in individual cases. The data was retrieved in May 2024, but filings can be older than that and might have changed since. This might especially be the case if an investor introduced a fossil fuel policy in the meantime. We acknowledge that shares and bonds of some Russian companies can't be traded on all markets anymore and were written off some investors’ portfolios.

This report is meant for information purposes only and not as a source of any specific investment recommendation. Nothing herein shall constitute or be construed as a recommendation, endorsement, or sponsorship of any company or fund. You should determine on your own whether you agree with the content of this information and data provided.

For more information read our detailed Methodology!