Skip to content

Filter Options
Text :
Search Criteria :
Territory/Country :
Product Group/Product :
News Type :
My Favorites:
 

Petrofac and SOCAR set up joint venture

by ChemOrbis Editorial Team - content@chemorbis.com
  • 06/12/2017 (10:57)
According to a press release on the company’s website, London-based oilfield services provider Petrofac and Azerbaijan’s state-owned SOCAR have set up a joint venture to create training opportunities in the country’s oil, gas and petrochemicals industries.

As part of the agreement, SOCAR’s share in the joint venture has been determined at 51% while Petrofac’s at 49%.

Accordingly, the two companies are expected to provide modern training and educational services to Azerbaijan’s industrial workforce.
Free Trial