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INSTITUTE OF GEOLOGY AND GEOPHYSICS EXPANDS ITS INTERNATIONAL RELATIONS

 

10 June, 2019

Institute of Geology and Geophysics of Azerbaijan National Academy of Sciences has signed bilateral cooperation agreement with the worldwide well-known Scottish company Petroleum Experts (Petex). This agreement implies the use by the institute of the Move software package, which is produced by the Petex Company. It should be noted that, the Petroleum Experts Company is a petroleum engineering and structural geology company, developing a wide range of software tools.

The Move software package is widely used by many companies worldwide in by the Petex Company. Within the frame of the signed mutual agreement, Institute of Geology and Geophysics ANAS has obtained this software on donation basis in amount of £1,734,408.00 (3 751 000 AZN) by the company in purpose of educational and academic researches that is intended for the usage in Universities and equivalent status establishments.