Browsing: SOCAR

Abu Dhabi National Oil Company (ADNOC) and the State Oil Company of Azerbaijan Republic (SOCAR) have inked a Strategic Collaboration Agreement (SCA). The agreement outlines their joint commitment to explore and develop low carbon energy technologies, marking a significant stride in aligning with global decarbonization goals.

Four different agreements have been finalized for the development of new renewable energy in the Republic of Azerbaijan, according to ACWA Power, a prominent Saudi developer, investor, and operator of power generating, water desalination, and green hydrogen facilities worldwide.