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SOCAR

Foster Wheeler AG’s subsidiary, Global Engineering and Construction Group, entered into a joint venture agreement with The State Oil Company of Azerbaijan Republic (SOCAR) in the Republic of Azerbaijan.

UK desperately needs a new energy strategy based on a realistic assessment of its assets, its needs and the options available to it. Unfortunately, its freedom for technical and financial manoeuvre is deeply restricted by its self-imposed Climate Change Act and its commitment to the EU’s 20-20-20 targets.

Jude    News, Offshore, Oil and Gas     Climate Change Act, end of the world, Foster Wheeler, Global Engineering and Construction Group, green house effect, low carbon emission, Republic of Azerbaijan, rising sea levels, SOCAR, State Oil Company of Azerbaijan Republic

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