The National Petroleum Company of Azerbaijan and US energy giant ExxonMobil XOM.US signed a production sharing agreement to explore, develop and produce unconventional hydrocarbon resources in the Central Kura Basin of Azerbaijan. The two parties each hold 50% of the shares, with ExxonMobil as the operator.

The National Petroleum Company of Azerbaijan and US energy giant ExxonMobil XOM.US signed a production sharing agreement to explore, develop and produce unconventional hydrocarbon resources in the Central Kura Basin of Azerbaijan. The two parties each hold 50% of the shares, with ExxonMobil as the operator.