The State Oil Company of Azerbaijan Republic (SOCAR) and Kazakh National Company KazMunayGas JSC have signed a Memorandum of Understating in Astana. The MoU provides for the upgrade of KazMunayGas-owned floating drilling rig “Satti” in Baku and its utilization in SOCAR`s projects in the Azerbaijani sector of the Caspian Sea. …
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