New joint venture to be established by SOCAR and Equinor in Azerbaijan

  11 August 2020    Read: 3094
New joint venture to be established by SOCAR and Equinor in Azerbaijan

SOCAR and Equinor are establishing a joint venture, CEO of Karabakh Operating Company Tair Dadashev said, Trend reports.

Dadashev made the announcement during a press tour at Baku Deep Water Jackets Plant.

CEO noted that the new venture has already been registered abroad, and its branch is to be opened in Azerbaijan.

"The process will be completed in the coming days or weeks. After that, the united team of the joint operating company will fulfill combined obligations," he said.


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