Nobel Oil Services (UK) Ltd is a rapidly growing and diversified group of energy-related businesses. The company prides itself in providing exceptional value to customers and delivering innovative solutions while adhering to the highest ethical standards.
Nobel Oil Services operates in the upstream and downstream segments of the energy industry. In the upstream sector, the company's diverse business entities provide drilling, engineering and project management, as well as operations and maintenance, procurement and enhanced oil recovery services within Azerbaijan and regionally. In the downstream sector, the company's recently established retail affiliate owns and will be operating retail service stations in one of Central European markets, while Nobel Oil's trading group focuses on the trading of crude oil, gas and fuel products.
Nobel Oil was originally established in 2005 providing procurement services to the Azerbaijan Oil & Gas industry and in 2007 it broadened capabilities to provide drilling, work over’s, and engineering. Nobel Oil soon grew further into a progressive, diversified, value-generating service group in the oil, gas and energy sectors and turned into a recognizable brand in Azerbaijan and beyond. Nobel Oil strives to create and deliver innovative solutions while adhering to the highest professional standards.
Nobel Oil's drilling subsidiary - SOCAR-AQS - provides drilling services, including horizontal drilling developed in close collaboration with Halliburton.
Nobel Oil's subsidiary - Glensol - sells and provides installation, commissioning, start-up, operation and maintenance of gas turbines and compressors. Glensol also provides off-shore Top Drive maintenance services as well as inspection, maintenance and repair capability for other rotary equipment and static equipment. More recently Glensol has successfully entered the water treatment area offering operational solutions with its partner GE.
Prokon, another subsidiary, is Nobel Oil's project and construction management company and focuses on installation of offshore gas injection plants and offshore power stations and construction of onshore and offshore gas processing and refining facilities.
In the downstream area, Nobel Oil Downstream was established in 2014. It is the specialist downstream retail arm of the company and is in the process of building up and operating its first chain of service stations in Romania.
Nobel Oil also established an oil commodity trading business in 2014. It brokers crude oil, gas and transport fuels deals.
Through its corporate social responsibility and community support activities, Nobel Oil is following in the footsteps of Ludvig and Robert Nobel, the founders of the legendary BraNobel Oil company who, alongside their industrial innovations, believed in sustainability. Since Nobel Oil has taken on the mantle of the family name inspired by the Nobel brothers' management philosophy and principles, it provides efficient and high quality services, and also supports scientific research and development in the fields of renewable and sustainable energy.