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Cape's Azerbaijan Joint Venture Wins Shah Deniz Gas Field Deals

5th Feb 2015 07:55

LONDON (Alliance News) - Cape PLC Thursday said its SOCAR Cape joint venture has been awarded three "significant" contracts, worth more than USD65 million to the venture in total, in Azerbaijan to provide services to projects that are part of the development of the Shah Deniz natural gas field.

The joint venture is 49% owned by Cape and 51% by the State Oil Company of Azerbaijan, or SOCAR.

By Steve McGrath; [email protected]; @stevemcgrath1

Copyright 2015 Alliance News Limited. All Rights Reserved.


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