Baku. 17 february. REPORT.AZ/ The State Oil Company of Azerbaijan Republic (
Report informs that the agreement provides for the upgrade of KazMunayGas-owned floating drilling rig “Satti” in Baku and its use in SOCAR`s projects in the Azerbaijani sector of the Caspian Sea.
The document was signed by Director General of Caspian Drilling Company Ltd Farid Akhundov and Director General of KMG Drilling & Services Andar Shukputov. The ceremony was witnessed by SOCAR president
Prior to the signing ceremony the two companies discussed prospects for cooperation in the oil and gas industry, and mulled a joint plan of action.