The State Oil Company of the Azerbaijan Republic (SOCAR) and Honeywell Technologies have signed a Global Framework Agreement to expand cooperation in digital transformation, industrial automation, and energy technologies, opening new opportunities for collaboration across Azerbaijan and SOCAR's international operations.

The agreement was signed following a meeting between SOCAR President Rovshan Najaf and Honeywell Technologies President for Strategy and Chief Executive Officer for Global Regions Anant Maheshwari, according to SOCAR.

During the meeting, the parties expressed satisfaction with the steady development of their cooperation and discussed opportunities to expand joint activities across various areas of the energy sector, including digitalisation, automation, and sustainable development.

SOCAR representatives also presented the company's ongoing projects aimed at digitalising production processes and introducing innovative technologies.

The discussions further covered industrial automation, the energy transition, operational safety, and other areas of mutual interest.

The newly signed Global Framework Agreement establishes a broader cooperation model covering SOCAR's assets both in Azerbaijan and abroad. It sets out the framework for future collaboration in the supply of products and services, including software and related technological solutions.