Baku. TurkicWorld:
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, TurkicWorld 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.
