BAKU, Azerbaijan, December 5. SOCAR (State Oil
Firm of Azerbaijan) and Yokogawa Electrical Company (Japan)
have signed a memorandum of understanding, Development studies.
Based on SOCAR, the MoU was signed by the corporateās
President Rovshan Najaf and the President of Yokogawa Europe B.V.
and Vice President of Yokogawa Electrical Company, Seita
Hagihara.
The memorandum goals to broaden the prevailing cooperation between
the 2 corporations.
Beneath the settlement, each events will collaborate on manufacturing
optimization, power effectivity, decarbonization efforts, emission
discount, and areas associated to digitalization, amongst different fields.
The opportunity of joint mission implementation will even be
explored.
Notably, the events mentioned potential cooperation
alternatives in manufacturing digitalization, processing, power
transition, and decarbonization in October of this yr.