Returning the favour: Azeri player awarded minority stakes in UAE concessions

State-owned oil and gas producer Socar will hold 3% interest in Umm Lulu and Satah Al Razboot oil developments

Socar president Rovshan Najaf (left), with Adnoc upstream executive Abdulmunim Saif Al Kindy.
Socar president Rovshan Najaf (left), with Adnoc upstream executive Abdulmunim Saif Al Kindy.Photo: SOCAR
Published 31 May 2024, 13:29Updated 2 June 2024, 10:31
ADNOCUnited Arab EmiratesSocarAzerbaijanAbsheron