SOCAR and Saipem to Establish Joint Ventures to Implement COP Project
OREANDA-NEWS. March 22, 2010. The company informed that the sides discussed cooperation within the framework of implementation of authorized Chirag Oil Project (COP), preparing to be sanctioned second stage of development of Shah Deniz gas condensate field and start of work in structure Absheron.
“R. Abdullayev noted that these projects are capable to become successful for joint ventures of SOCAR and Saipem. I. Inbona noted preparedness of the company to attract local specialists for this works and high social responsibility,” it was informed.
The companies have already been cooperating with each other within 10 years.
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