Middle East Economic Survey
RWE Signs MOU For Azerbaijans Offshore Nakhichevan Field
Germanys RWE Group on 10 March announced that it had signed with the State Oil Company of the Azerbaijan Republic (Socar) a memorandum of understanding (MOU) for the exploration and development of hydrocarbons in Azerbaijans offshore Nakhichevan field. Socar President Rovnag Abdullayev and RWE Chairman Dr Jurgen Grossman signed the agreement in Baku. A statement issued by RWE...