EY Azerbaijan participates as strategic partner in 2nd SOCAR OGPC Forum (PHOTO)

EY Azerbaijan participates as strategic partner in 2nd SOCAR OGPC Forum (PHOTO)

EY Azerbaijan participated as a strategic partner in the 2nd SOCAR OGPC Forum.

Ksenia Babushkina, Partner and Head of the Central Asian Advisory Practice at EY Kazakhstan, gave a presentation on 6 November 2014 at the 2nd SOCAR OGPC Forum, which took place at the Fairmont Hotel.

The two-day Forum was an important networking event that engaged oil and gas leaders from the government and executives in the global energy, finance and investment communities, people who are actively involved in today's oil and gas markets.

Ksenia Babushkina delivered a presentation on "How Value Assurance Drives Successful Delivery of Oil & Gas Capital Projects" and focused on the Value Assurance system and on supporting tools, processes and resources which protect against increasing levels of risk and enhance project performance.

She stressed that a focus on objectives at each project stage and on their compliance with risk management controls helps in formulating remedial steps that directly impact the financial and reputational health of a business.

"Assurance provides an independent and objective view of project delivery. In implementing the right methods, Value Assurance gives confidence to a project and meets the delivery expectations of business stakeholders," said Ksenia.

The Forum also featured officers from State Oil Company of Azerbaijan Republic such as Rovnag Abdullayev, the President of SOCAR, Tofig Gahramanov, Vice-President for Strategic Development, Afghan Isayev, Advisor to the President and other government representatives. They emphasized the importance of boosting quality in the construction of oil and gas processing and petrochemical projects.

The 2nd SOCAR OGPC Forum provided an excellent opportunity for the regional and international oil and gas communities to share experience and knowledge of large-scale projects and processes.

EY's initiative in strategic partnership with the Forum is having a significant impact on oil and gas industry issues in the region by contributing to better solutions and by providing for the sharing of best practices and collaboration among both local and international organizations.

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY is expanding its services and resources in accordance with clients' needs throughout the CIS. 4,800 professionals work at 21 offices in Moscow, St. Petersburg, Baku, Vladivostok, Ekaterinburg, Almaty, Astana, Kazan, Kyiv, Tashkent, Minsk, Tbilisi, and other locations.

EY refers to the global organization and may refer to one or more of the member firms of EY Global Limited, each of which is a separate legal entity. EY Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit www.ey.com

EY in Azerbaijan

EY made a major commitment to Azerbaijan and the region with the opening of our office in Baku 20 years ago. Today, in addition to being the leading audit firm in Azerbaijan, we are the leading firm in the region. Because of our experience and depth of knowledge, we have been able to assist both domestic and international companies as well as state-owned entities in developing and in facing the challenges of the international economy.

2014 is the 20th anniversary of EY in Azerbaijan. We currently have more than 170 staff in our Baku practice, who serves our clients in Azerbaijan. EY's strength in the Caspian Region and the firm's commitment of resources are important to the entities operating in the region. It means that as we grow, EY will continue to demonstrate a tradition of hiring and training local professionals to be leaders in our practice.

Iran begins new discussions within North-South Corridor
Iran begins new discussions within North-South Corridor
Iran’s PMO talks about cargo movements in Dayyer port
Iran’s PMO talks about cargo movements in Dayyer port
Uzbekistan talks increase of competitiveness of Trans-Caspian int’l transport route within Turkic Council
Uzbekistan talks increase of competitiveness of Trans-Caspian int’l transport route within Turkic Council
Loading Bars
Latest
IMF says breakeven oil price for Azerbaijan to drop in 2022
Iran begins new discussions within North-South Corridor
Uzbekistan reveals COVID-19 data for April 21
Azerbaijan's 1Q2021 oil export slightly declines
Azerbaijan boosts gas exports
Amazon to let Whole Foods shoppers pay with a swipe of their palm
UAE may impose virus curbs on unvaccinated people
Georgia reports 1,310 coronavirus cases for April 21
Wix launches mobile app to expand customer base
China interested in more gas supplies from Russia
BP, Turkey agree on new transportation fee for Baku-Tbilisi-Ceyhan – sources
WB to support transport and logistics in Georgia
Uzbekneftegaz prevents daily reduction in total gas volume at Mubarek gas processing plant
Economy minister reveals total investments in industrialization in Azerbaijan
Iran boosts dried fruit exports
Gold price in Azerbaijan grows
Azerbaijan unveils volume of oil production from ACG, Shah Deniz fields for 1Q2021
Kazakhstan to auction off several land plots for subsoil use
President Rouhani talks Iran's Health Reform Plan
India to send 10 MT life-saving drugs to Sudan
Azerbaijan discloses 1Q2021 state budget revenues
Iran’s PMO talks about cargo movements in Dayyer port
Azerbaijan reveals 1Q2021 gas production indicators from ACG, Shah Deniz fields
Baku Higher Oil School wins Regional Petrobowl Competition
Kazakhstan's monetary base value surges
Memorandum of understanding signed between Turkmen, Kyrgyz coworking centers
Germany increases exports of locally-made goods to Kazakhstan
PM Modi’s visit to Portugal for India-EU summit called off, virtual summit on 8 May
Cabinet approves MoU between India, Bangladesh to increase cooperation in trade remedies
Uzbekistan talks increase of competitiveness of Trans-Caspian int’l transport route within Turkic Council
Bulgaria receives significant cargo permits from Georgia - Ministry
UK inflation rises to 0.7% in March as clothing and fuel prices grow
Georgia lowers import of Turkish-made chemicals
Turkmen company continues construction of passenger car terminal
Export of Turkish furniture to Uzbekistan surges
Production of petrochemical products Jam Petrochemical Complex increases
Cargo Targeting System to increase transit potential of Azerbaijan - SCC
Uzbekistan shares data on textile exports
Azerbaijan sees decrease in oil prices
Azerbaijani currency rates for Apr.21
Kazakhstan’s oil-producing company opens tender to buy spares
Russia organizes tenth charter flight from Turkmenistan
Armenia trying to deceive int'l community instead of fulfilling trilateral statement - MFA
Ethylene production of Iran's Jam Petrochemical Complex increases
Turkey issues 2M2021 data on volume of cargo shipment through Zonguldak port
Kazakh MPs approve bill on improving budgetary legislation
TAP begins to make contribution to Enagas’ financial results
Azerbaijan shares footage from Gubadly's Ulashly village (VIDEO)
Enagas reduces emissions by 63% since 2014
Iranian currency rates for April 21
Azerbaijani Qala Hayat's insurance collections up for 2020
Natural gas prices to average one-third higher y-o-y
Azerbaijan's AIA and ARPA to work on risk insurance
Oil prices to be in line with their 2017-19 average
Iran expected to increase oil output - Vienna Energy Research Group
JCPOA Joint Commission sets third expert group
Crude oil consumption still 6% lower than pre-crisis levels
Oil prices drop as India's COVID-19 surge crimps demand outlook
Georgian Central Bank to carry out same intervention volume as in 2020
Azerbaijan eyes to speed up audit digitalization in 2021 (INTERVIEW)
GM outlined plans to allow remote work after the pandemic
Turkey replaces trade chief, appoints two new ministers after restructuring
Kyrgyzstan's population outflow decreased by 21% in 2020: statistics
Georgia 60th out of 180 countries in World Press Freedom Index
Main electricity of Natanz Enrichment Facility connected
Apple introduces new iPad Pro featuring 5G, M1 chip
Canada-U.S. border restrictions agreement extended another month
Toshiba says CVC to ‘step aside to await’ guidance over offer
Azercosmos' new platform to provide uninterrupted internet across Azerbaijan
Malta posts 1.3-bln-euro budget deficit for 2020
EU to donate 145,000 Pfizer vaccine doses to Albania
15 generals to ensure transition in Chad after death of President Deby
Indian PM rules out lockdown despite second wave of COVID-19
Turkey reports over 62,000 COVID-19 cases
Azerbaijan's import of cars from Turkey drops
Municipality of Turkey’s Agri province opens tender to buy diesel fuel
Chad leader Deby, key Western ally, killed in battle
Turkish energy company opens tender to build power plant in Istanbul city
Production of Sputnik V vaccine launched in Argentina
CBI allocates $178 m to buy COVID-19 vaccines - CBI chief
Bulk of calculations in Azerbaijan's trade turnover made via FCC - state committee
Azerbaijan limits import of meat products from several countries
Azerbaijan's Azexport portal reveals total value of export orders
Azerbaijani Finance Ministry places medium-term bonds on auction
Opportunities for partnership among SMEs expanding between Azerbaijan and Turkey
Main reason for Georgia's increase of electricity imports revealed
Prices for summer cottages, private houses increase in Baku
Number of client accounts in Azerbaijani banks increasing
Uzbekistan’s 1Q2021 export of fruit and vegetable products slightly down
Azerbaijan's National Depository Center talks another interest payment on SOCAR bonds
Karabakh suffered from Armenian occupation for nearly 3 decades - Turkish MP
Search for missing servicemen continues – Azerbaijani Military Prosecutor's Office
Armenia doesn't comply with clause of Nov.10 statement on restoration of economic and transport ties – Azernews
Support to Eastern Partnership states - key pillar for European Council, Charles Michel says
Azerbaijan joins initiative of single roaming space between Eastern Partnership countries
Turkish Airlines receives permission to operate flights to number of Uzbek cities
Kazakhstan’s KMK Munay decides against paying out dividends for 2020
Kazakhstan's revenues from maritime cargo transport surge
High freight rates significantly raise global prices of commercial ships
Central Bank of Iran allocates funds for import of vaccines
All news