en.Wedoany.com Reported - British energy company BP and the State Oil Company of Azerbaijan (SOCAR) have signed two new memoranda of understanding to strengthen their long-term energy partnership. One memorandum was reached with Azerbaijan's Ministry of Economy concerning high-performance computing infrastructure, while the other was signed directly with SOCAR.

BP CEO Meg O'Neill, following her visit to Azerbaijan, stated that this was her first trip to the country and that she was deeply impressed by Azerbaijan's rich history, architecture, and infrastructure. During the visit, she held talks with President Aliyev, Prime Minister Asadov, Minister of Economy Jabbarov, and Minister of Energy Shahbazov, covering areas of cooperation including oil and gas development, solar energy, and electrification. O'Neill also met with Minister of Economy Jabbarov and SOCAR President Rovshan Najaf, and toured the Sangachal Terminal. She described the terminal as "one of the world's largest oil and gas complexes" and a key hub connecting Caspian energy resources to global markets.

Azerbaijan's Minister of Economy, Mikayil Jabbarov, confirmed the visit, stating that the two sides exchanged views on BP's global operations, its long-term cooperation with Azerbaijan, and the energy projects being implemented in the region. He emphasized that the memoranda between SOCAR and BP will expand the scope of energy cooperation and further consolidate Azerbaijan's position as a global energy hub.

BP has operated in Azerbaijan for over three decades and has participated in the development of several major oil and gas projects in the country. The newly signed memoranda of understanding cover areas such as high-performance computing infrastructure, indicating that the cooperation between the two sides is extending from traditional oil and gas into broader energy and technology fields.

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