Avensol LLC has taken its first official step into the oil and gas sector, further expanding its activities in the energy and industrial fields. The company has signed a Memorandum of Understanding (MoU) with China Petroleum Engineering & Construction Corporation (CPECC)—a globally recognized leader in engineering, procurement, and construction, with extensive experience in oil and gas, power, and renewable energy projects.

This strategic partnership will play a key role in advancing new projects, implementing modern technologies, and delivering innovative solutions within Azerbaijan’s energy sector and the wider region. The agreement not only strengthens Avensol’s position in the energy market but also supports the country’s sustainable and flexible energy strategy.

Under the collaboration, the parties plan to work together in several key areas:

• Oil, gas, and energy infrastructure projects – comprehensive engineering and construction solutions that meet international standards.

• Renewable energy systems – advanced technologies aimed at environmental protection and the development of alternative energy sources.

• Innovative engineering and procurement processes – ensuring more efficient and sustainable project execution.

Avensol believes that this MoU with CPECC lays a solid foundation for progress in Azerbaijan’s energy sector. This strategic step will help build a cleaner, more sustainable, and competitive future while making a long-term contribution to the nation’s energy strategy.

This partnership represents one of Avensol’s significant moves to strengthen the country’s energy future by establishing strategic international collaborations.