Corporate Governance
Our commitment to increasing our market share, through sustainable development, investment in local community and protection of our environment is not possible without effective leadership. With this in mind, our corporate governance is a set of guidelines, rules and processes for the Company and the BOD to enable successful leadership and achieve our targets.
Our BOD is composed of skilled individuals from our shareholder companies and independent members, with passions and commitment to sustainable development of the Company and the industry.
Read MoreTuran Drilling and Engineering Company
As part of its ongoing international development goals and expanding its capacity to deliver complex onshore and offshore drilling projects while maintaining significant cost efficiency, SOCAR AQS, together with KCA Deutag, formed a Turan Drilling & Engineering JV in 2018.
Since its establishment, Turan Drilling & Engineering has been successfully providing drilling services on seven platforms operated by BP in the Caspian Sea.
In 2020, Turan Drilling & Engineering, was awarded a contract amendment to manage procurement, maintenance and warehousing activities on behalf of BP. More information: www.turandrilling.com
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