(IN BRIEF) MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement covering Azerbaijan’s Shamakhi-Gobustan regions, reinforcing their strategic energy partnership. MOL is expected to act as operator with a 65% share, while SOCAR … Read the full press release →
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Tagged ACG field, Azerbaijan, Baku Energy Forum, BTC pipeline, Central Europe energy, energy security, Hungarian-Azerbaijani relations, hydrocarbon development, INA Rijeka, MOL Group, MOL refineries, onshore oil exploration, partnership, production sharing agreement, Rovshan Najaf, Shamakhi-Gobustan, Slovnaft Bratislava, SOCAR, strategic partnership, sustainability, upstream oil, Zsolt Hernádi