SOCAR and the Egyptian National Oil Company (EGPC) agreed on cooperation in the oil field, SOCAR said.
“The SOCAR head on Wednesday in Cairo, during a meeting with EGPC President Tariq al Mola discussed issues of expansion of cooperation between the companies and the modernization of the oil industry. The sides also exchanged views on other joint projects,” the information says.
Following the meeting, SOCAR and EGPC signed a Memorandum of Understanding.
The details are not specified.