SOCAR Launches Innovation Program Offering up to $20,000 for Tech Projects

12:28 - 21.08.2026


August 21, Fineko/abc.az. The State Oil Company of Azerbaijan (SOCAR) has opened applications for its open innovation program titled "WIN" (What is Next), designed to integrate cutting-edge technologies into the energy sector.

The primary objective is to test and evaluate solutions that enhance oil and gas operations and contribute to the energy transition. Key focus areas include artificial intelligence, data analytics, digitalization, operational excellence, and HSE standards.

Applications are open to global startups and technology developers until September 12. Selected participants will receive a pilot budget of up to $20,000 to test their solutions directly within SOCAR's operational environment. Further details can be found at win.socar.az.