The State Oil Company of Azerbaijan Republic (SOCAR) and Switzerland’s SICPA SA have signed a Services Agreement during the World Economic Forum Annual Meeting in Davos.
Accordign to SOCAR, the agreement outlines plans for joint activities using advanced monitoring technologies, with a focus on creating a unified and digital control mechanism that will cover all stages of the production, transportation, and sales chain, Caliber.Az reports.
Through this cooperation, both companies aim to enhance security across the energy supply chain and increase transparency by implementing new technological solutions.
By Sabina Mammadli
