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SOCAR, Hungary's MOL ink MoU on exploration of Shamakhi-Gobustan field
Energy
- 20 September, 2024
- 16:57
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The State Oil Company of Azerbaijan (SOCAR) and MOL Group, a Hungarian oil and gas company, today signed a Memorandum of Understanding on exploration, development, and production in the Shamakhi-Gobustan field, Report informs with reference to SOCAR.
According to the Memorandum of Understanding, the parties will cooperate to further increase hydrocarbon production in Azerbaijan.
The document was signed during a meeting between SOCAR's President Rovshan Najaf and the Chairperson of the MOL Group Zsolt Hernadi.
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