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28.09.2015 12:24

Zenith Energy LTD interests to rehabilitation of old fields in Azerbaijan

International energy company Zenith Energy LTD is showing an interest to projects of rehabilitation of old fields in Azerbaijan.

At a media conference Company’s president Andrea Cattaneo said that relevant talks are underway with the State Oil Company of Azerbaijan (SOCAR).

"Currently we’re interested in projects in Azerbaijan, but with time we’ll also explore the markets of neighboring countries. The office opened in Baku is regional," Cattaneo explained.

Zenith opened its office in Baku a few days ago. This is its fourth office in the world - the other three are in Calgary (Canada), Genoa (Italy) and Buenos Aires (Argentina).

"We are looking forward to invest in Azerbaijan - a dynamically developing country with vast opportunities for foreign investors. We conducted research, studied the laws of the country, held a series of negotiations and made sure that the conditions of labour, infrastructure and business environment are favourable and attractive for investors," the Company reports in its official statement.

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