KazMunaiGas (KMG) national oil and gas company and French Vallourec & Mannesmann Tubes company have signed the memorandum of mutual understanding envisaging cooperation in field of establishment of manufacture of high-quality connection elements for the oil and gas pipes.
The press release reads that Vallourec & Mannaesmann Tubes, the world leading maker of seamless steel pipes and high quality connection elements for the oil and gas pipes, intends to create a pipe-threading plant specializing in manufacture of high quality connection elements in Kazakhstan.
The project will be implemented as a part of the program of cooperation between the two countries in field of technologies and attraction of industrial investments in Kazakhstan.—0—
Economics
-
Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
-
Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
-
Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
-
The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
Leave a review