Azerbaijan's SOCAR, Bp Explore Collaboration In Oil And Gas Exploration And Production


(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 20. The State Oil Company of the Azerbaijan Republic (SOCAR) and bp have signed a MoU that affirms their intention to explore potential collaboration in international oil and gas exploration and production projects aimed at enhancing energy supply security, Trend reports via bp.

Under this memorandum, the companies will jointly assess the synergy potential in hydrocarbon exploration and production on a global scale, along with various new investment opportunities.

The agreement also signifies the commitment of both companies to share their expertise and knowledge in evaluating ways to ensure reliable and affordable energy supply worldwide.

MENAFN20092024000187011040ID1108697643


Trend News Agency

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.