Azerbaijan and British oil major BP have signed an agreement to cooperate in the evaluation and implementation of a project to build a solar power plant in the Karabakh region, the Azeri energy ministry said on June 3.
The intention to build the 240 MW solar plant is part of a plan by oil- and gas-rich Azerbaijan to reduce carbon emissions by 35% by 2030, as well as BP's strategy to cut its net emissions to zero by 2050.
Azerbaijan said the project was part of plans to develop a green energy zone in Karabakh, the region where it last year won back some territories previously controlled by ethnic Armenians who say the land is theirs.
Daniel Rice, former CEO of Rice Energy who now sits on the EQT board, addressed the elephant in the room earlier this month at Hart Energy’s Energy Capital Conference.
Stuart is an experienced finance executive with 20 years of experience in CFO roles at LSE, NASDAQ, OSE and AIM listed companies.
Three oil and gas technology firms have joined forces to offer the global oil and gas industry an integrated and boundary-pushing approach to well lifecycle integrity and production optimization.