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Azerbaijani and Uzbekistan oil companies sign deal to explore six energy blocks in Uzbekistan.
The Azerbaijani State Oil Company (SOCAR) and Uzbekistan’s Uzbekneftegaz have signed a Production Sharing Agreement (PSA) to explore and develop six oil and gas blocks in Uzbekistan.
The deal, signed on July 24, includes plans for 3D seismic surveys and initial drilling.
This agreement is expected to enhance energy cooperation between the two countries and boost Uzbekistan's energy security.
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Las compañías petroleras de Azerbaiyán y Uzbekistán firman un acuerdo para explorar seis bloques de energía en Uzbekistán.