BAKU, Azerbaijan, July 30. State Oil Company of Azerbaijan (SOCAR) and Italian Eni S.p.A. signed a memorandum of understanding (MoU) on the energy transition, Azerbaijani Minister of Economy, Head of SOCAR's Supervisory Board Mikayil Jabbarov wrote on his X page, Trend reports.
"The Memorandum of Understanding for Cooperation in Energy Projects and Energy Transition Initiatives" signed between SOCAR and Eni S.p.A. aims to bolster energy security and foster innovative solutions in the energy sector," he added.
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