Uzbekneftegaz, Azerbaijani company mull possibility of implementing joint projects

State-owned company Uzbekneftegaz and Azerbaijan's Master Tools have discussed expanding cooperation, Report informs referring to Uzbekneftegaz.

During the talks, issues of expanding bilateral cooperation were discussed - equipment supplies, localization of production, and implementation of modern technological solutions for the needs of the oil and gas industry.

"The parties considered the prospects for industrial cooperation and the implementation of joint projects aimed at improving the efficiency of production processes and technical re-equipment of the industry. Particular attention was paid to the exchange of experience and the implementation of advanced engineering solutions," the company noted.

Representatives of Master Tools presented an innovative welding device that does not require additional electrodes and cables for training specialists.

Following the meeting, the parties agreed to continue working on proposals and identify areas of mutually beneficial cooperation.

Master Tools LLC is one of the main suppliers for SOCAR and BP, it supplies welding equipment under the brand "Mille", as well as the necessary equipment for oil and gas platforms, construction, manufacturing, agriculture, transport, energy, mining, mechanical engineering, chemistry and other industries.