SOCAR AQŞ signs memorandum of understanding with Ukraine’s Naftogaz


October 22 Fineko/abc.az. Ukrainian company Naftogaz has signed memoranda of understanding with a range of foreign companies, including consortium Dragon Oil (UAE), Azerbaijan's SOCAR AQŞ, US’ Helmerich & Payne Inc (H&P) and 3 Seas Energy.

This was reported during the Congress of Ukrainian Gas Investments, which is taking place in Kiev on 20-21 October.

These memoranda serve as the basis for new strategic projects, including partnership ones, providing for the development of the territories of the Black Sea region and dense gas fields, as well as improving the efficiency of production at depleted fields.