Our history

Cementing the Future.

The award of a new five-year contract with BP in 2022 was a milestone that celebrated our past achievements and heralded a future of promise and potential. This contract bridges our storied history and the unwritten chapters of success that lay ahead. It was a commitment etched not just on paper but in the spirit of every team member who had contributed to our journey.

A New Era with Altrad.

The acquisition of Cape by Altrad was a transformative event for SocarCape. It was a union that brought with it a vast network of resources and a global support system that was unparalleled. Our growth trajectory was recalibrated, with ambitious expectations set against a backdrop of new opportunities. The additional non-BP contracts we secured were not just business wins; they were affirmations of our growing reputation and the value we delivered. Our focus sharpened on specialist services, driving innovation not as a buzzword but as a tangible, actionable ethos. The capex secured during this period was a clear indicator of our commitment to investing in the future, in the tools, technologies, and talents that would carry us forward.

Expansion Through Acquisitions.

The acquisition of Hertel by Altrad marked a new chapter in our story, expanding our horizons and integrating a wealth of experience and resources into our operations. This strategic move was more than an acquisition; it was an infusion of new blood, bringing fresh perspectives and innovative approaches that would enhance our service delivery.

Strategic Milestones and Growth.

Three years into its operations, SocarCape had already begun to reshape the landscape of industrial services. The trust placed in us by BP, one of the world's leading oil and gas companies, was a testament to our unwavering commitment to quality and efficiency. The Fabric Maintenance contract was not just a project; it was a vote of confidence in our capabilities. The same year, our partnership deepened with Cape's investment, bolstering our financial strength and market presence. The SIP contract for BP's offshore and onshore assets was a crowning achievement that underscored our expertise and the synergistic power of our joint venture.

The Foundation of SocarCape.

In the bustling energy sector of 2010, SocarCape emerged as a beacon of innovation and collaboration. Established as a joint venture with a majority share held by the State Oil Company of Azerbaijan Republic (SOCAR) and a strategic minority share by the industrial services provider Cape, SocarCape was poised to make a significant impact in the industry. The venture was not just a business arrangement; it was a fusion of SOCAR's regional dominance and Cape's global expertise. With the ink still fresh on the contracts, SocarCape commenced its commercial activities, embarking on a journey to redefine service excellence.