Founded in 2020, SOCAR-STP LLC manages production, covering the largest mechanical equipment workshop and heavy crane plant in the CIS region.
The joint venture aims to develop cooperation between SOCAR and STP, one of the country’s largest industrial complexes, to further improve the material and technical base in the oil and gas sector, apply advanced technologies, provide maintenance and exchange of specialists. The joint venture aims to increase local production capacity that meets international standards and become a leading and competitive company offering a wide range of oil and gas equipment and technology services.
The main activities of SOCAR-STP are the maintenance and repair of drilling equipment, well completion, well operations, rotary and pressurised equipment, fountain fittings, APS (Advanced Parts Solution), and heavy cranes.