SOCAR discussed cooperation in renewable energy projects with American Emerson Electric Co.

The State Oil Company of Azerbaijan (SOCAR) and American company Emerson Electric Co. discussed opportunities for cooperation within renewable energy projects.
As Report informs with reference to SOCAR, the discussions took place during a meeting between the President of the State Oil Company Rovshan Najaf and the President of Emerson Electric Co. for the European region John Nita.
During the meeting, issues of digitalization and automation of the oil and gas industry, as well as the implementation of intelligent monitoring systems, were also considered.
Issues of emission reduction, energy efficiency improvement, and application of sustainable technological solutions were also discussed.
Similar News
Central Bank of Azerbaijan reduced the discount rate
The Board of the Central Bank of Azerbaijan (CBA) has decided to reduce the discount rate by 0.25 percentage points - from 7.25% to 7%. This is reported by Repo...
