BAKU, Azerbaijan, September 20. On the occasion of the 30th anniversary of the signing of the "Contract of the Century," SOCAR and Hungarian company MOL signed a MoU regarding exploration, development, and production at the Shamakhi-Gobustan fields in Azerbaijan on September 20, 2024, Trend reports via SOCAR.
According to the agreement, the parties will cooperate in the direction of further increasing hydrocarbon production in Azerbaijan.
The document was signed by the President of the State Oil Company of the Azerbaijan Republic (SOCAR) Rovshan Najaf and the Chairman and CEO of MOL Hernadi Zsolt.