Founded on April 15, 2019, GL became the first privately owned Azerbaijani energy company. On May 1, 2024, it expanded into GL Group, the first privately owned group of energy companies in Azerbaijan.
GL Group is led by a management team with strong international experience in the oil and gas industry. The company is focused on operational excellence and long-term value creation through strategic acquisitions, efficient asset development, and disciplined investment.
The Group conducts upstream oil and gas operations across five key fields in Azerbaijan: Kursangi and Garabaghli in the Salyan district, and Buzovna-Mashtagha, Gala, and Zira on the Absheron Peninsula.
In 2021, GL acquired China National Petroleum Corporation’s interest in Salyan Oil Limited. The following year, it expanded further by acquiring three additional fields from SOCAR and establishing Taghiyev Operating Company. In the same year, GL also founded GL Technical Services, known as GLTS, a company specializing in wireline logging, well maintenance, and workover rig operations. GLTS continues to broaden its scope across other areas of the energy services market.
In early 2024, GL successfully drilled six new wells in the Buzovna-Mashtagha, Gala, and Zira fields, completing the program safely, with zero environmental impact, and in record time. At the same time, its affiliated company Taghiyev Operating Company reversed more than a fifteen percent decline in production and increased daily output by over ten percent compared to the beginning of the same year.
Through its affiliate Salyan Oil Limited, GL also stopped a nineteen-year production decline at the Kursangi and Garabaghli fields and began to increase output. This was achieved through focused operational efficiency programs without major capital investment.
In 2025, GL Group launched a major drilling program that includes the first onshore horizontal well in the history of Azerbaijan. The well is designed to reach a depth of 4,400 meters with a lateral section of at least 400 meters, targeting deep oil reservoirs and representing a significant technological breakthrough in the country’s upstream sector.
This well is part of a broader plan to drill several advanced deep wells in the Kursangi and Garabaghli fields, bringing new life to development after a pause of more than ten years. Through the use of modern technologies, GL Group demonstrates its ongoing commitment to innovation, performance, and sustainable growth.
In line with its strategy to become a mid-sized international energy company, GL Group focuses on acquiring high potential assets. In October 2024, it entered the upstream natural gas market in Türkiye, marking its first international expansion and strengthening its position as an emerging international player.
That same year, GL Group acquired a 25 percent equity stake in Gazelle Energy Limited, a Canadian company that holds full ownership and operatorship of the Thrace Basin Block F17 b4 tight gas license in northwest Türkiye.
GL Group is committed to excellence in production, the safety of its people, and environmental protection. Its operations are guided by a strong Operating Management System, based on international best practices and advanced technologies, ensuring performance, reliability, and continuous improvement in all areas of activity.
