- SOCAR, Azerbaijan's state oil company, was identified in a recent report.
- Rovshan Najaf is the President of SOCAR, Azerbaijan's state oil company.
ExxonMobil Signs Production Sharing Agreement for Unconventional Hydrocarbons in…
- Reports
- 3
- Developments
- 2
- Repetition
- 33%
New informationRepeats or wire copies
What happened
ExxonMobil representatives provided an update on a recently signed production sharing agreement between ExxonMobil and Azerbaijan’s SOCAR. This information was shared during a meeting between KAZENERGY Chairman Serikkali Brekeshev and Yuri Kim, Senior Director of International Government Relations at ExxonMobil. The agreement concerns the development of unconventional hydrocarbon resources in Azerbaijan.
From trend.az
Why it matters
The agreement formalizes a major operational partnership between ExxonMobil and SOCAR in the Azerbaijani energy sector. This development involves the exploration and production of unconventional hydrocarbon resources in the country.
SOCAR is the national energy company of Azerbaijan.
From trend.az
Who's involved
- ExxonMobilSigning a production sharing agreement for unconventional resources in Azerbaijan.
- AzerbaijanThe host country and partner via SOCAR in the energy sector.
- Rovshan NajafPresident of SOCAR, leading the strategic pivot into unconventional resources.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ExxonMobilSpeculative
ExxonMobil could increase its operational footprint through the direct signing of a production sharing agreement in Azerbaijan.
How it developed
Newest first. Tap a step to see who reported it.Keep exploring
The entities involved
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ExxonMobil
American multinational oil and gas corporation
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Azerbaijan
country in the Caucasus in Eastern Europe and Western Asia
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Rovshan Najaf
President of the State Oil Company of the Azerbaijan Republic
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