Summer 2001 (9.2)
Awards for SOCAR
On March 5, 2001, SOCAR
received the Arch of Europe Award for Quality and Technology
at a ceremony in Frankfurt, Germany.
Assistant to SOCAR's President Natig Aliyev, accepts the Arch
of Europe Award for Quality and Technology on behalf of SOCAR
in Frankfurt, Germany, this spring 2001.
communications firm Business Initiative Directions presented
this award to SOCAR in order to support the company's image of
For SOCAR, the award was a tangible reminder of its successes
over the past few years - namely 21 international agreements
in the oil and gas sector representing a total of $60 billion
Despite its outdated oil and gas extraction equipment, in 1997
SOCAR reached the level of stabilization of oil and gas extraction
in Azerbaijan. Recent discoveries include a large gas deposit,
Shah Daniz, with more than 1 trillion cubic meters of gas reserve.
Other milestones have included a new floating rig, "Gurtulush",
and updated semi-submersible floating rigs.
SOCAR also received the "New Millennium Award" in a
July 2000 ceremony in Paris. The International European Award
for Quality (known as the New Millennium Award) is presented
annually by the Office Publishing Group in cooperation with the
Trade Leaders Club (14,000 entrepreneurs from 112 countries).
This award was also presented to two of SOCAR's structural subdivisions
- Azneftyagh and Kaspmornefteflot. Other Azerbaijani entities
receiving the award included the Assa-Irada Information Agency,
the Information and Advertisement Department of the Baku Mayor's
Office and a private company. Out of 121 award winners, six were
from Azerbaijan; none of the other Caucasus countries were represented.
(9.2) Summer 2001.
© Azerbaijan International 2001. All rights reserved.
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AI 9.2 (Summer 2001)
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