SOCAR and Equinor are establishing a joint enterprise, said General Director of Garabagh Operating Company Tahir Dadashov, APA-Economics reports.
According to him, a joint operating company has already been registered abroad, and its branch in Azerbaijan will have to be established.
“These processes will be completed during the upcoming days or upcoming weeks. After that, the obligations will be merged and implemented as a single team, under the name of a joint operating company,” noted T. Dadashov.