BAKU, Azerbaijan, February 2. A delegation from
the State Oil Company of Azerbaijan (SOCAR), which also included
representatives from the operating company Umid Babek Operating
Company (UBOC), visited Huawei's headquarters in Shenzhen, China,
to exchange experiences in the field of digital transformation and
advanced technologies for the oil and gas sector from January 26
through January 29, Trend reports via SOCAR.
Meanwhile, it is noted that during meetings with SOCAR Vice
President Babak Huseynov and President of Huawei's Oil and Gas
Division Deng Bi, the parties discussed the possibilities of
digital solutions to improve operational efficiency, smart
management, and long-term value creation.
“Such interactions support SOCAR's long-term digital strategy
and help UBOC stay abreast of technologies that strengthen
operational efficiency, sustainability, and development,” the
information says.
SOCAR was founded in 1992. The company operates across the
entire oil and gas cycle: exploration, production, processing, and
export. It manages a network of gas stations and international
assets in a number of countries, participates in energy trading,
and is a key player in Azerbaijan's economy.