CASPIAN OIL & GAS - SOCAR and Equinor create a JV

SOCAR and Equinor create a JV



August 11, Fineko/ SOCAR and Equinor are likely to establish a joint venture.

ABC.AZ reports that Tayir Dadashev, general director of operating company Karabakh, told reporters about this.

According to Dadashev, the new joint operating company is already registered abroad and its branch should be established in Azerbaijan.

"This process will be completed in the next few days or weeks. After that, the obligations will be combined and fulfilled in the form of a single team, in the form of a joint operating company," Dadashev emphasized.