MVM Group to acquire stake in Azerbaijan’s Shah Deniz field from Southern Gas Corridor

MVM Group to acquire stake in Azerbaijan’s Shah Deniz field from Southern Gas Corridor

MVM Group, a Hungarian energy company, has entered into an agreement to purchase a 5% stake in the Shah Deniz gas-condensate field located offshore Azerbaijan from Southern Gas Corridor (SGC), a state-owned entity of Azerbaijan. This deal, which was formalized during the Baku Energy Week, marks a significant step in MVM Group’s strategy for diversification […]