Davos: SOCAR and Switzerland's SICPA SA have entered into a Services Agreement during the World Economic Forum Annual Meeting in Davos, SOCAR has informed APA. This collaboration aims to integrate advanced monitoring technologies into their operations, creating a robust framework for joint activities.

According to Azeri-Press News Agency, the agreement outlines the development of a unified and digital control mechanism. This system is designed to cover all stages of the production, transportation, and sales chain, ensuring comprehensive oversight and management.

The cooperation with SICPA SA is expected to bolster security across the energy supply chain. The introduction of new solutions under this partnership is set to enhance transparency, marking a significant step forward in the implementation of innovative monitoring technologies.