ECONOMY


SOCAR Turkey Enerji signs agreement for Coreworx Contract Management

SOCAR Turkey Enerji signs agreement for Coreworx Contract Management

Baku, June 7, AZERTAC

SOCAR Turkey Enerji A.Ş. has signed a multi-year agreement for Coreworx Contract Management, Coreworx Inc. ("Coreworx") announced.

SOCAR will license Coreworx Contract Management as a Coreworx hosted solution. Coreworx Contract Management will enable SOCAR to manage project contracts and associated risks from planning to close out.

Procurement and Supply Chain Group Director at SOCAR Egbert Wijnen-Riems said that contracts are the basis for commercial success of any project. “Coreworx provides will help ensure our team members are compliant with our contract policies and commitments, and also provide us with a higher-level of insight to manage contract-related risk.”

Coreworx CEO John Gillberry stated: “We look forward to working with SOCAR and are focused on contributing to their commercial success.”

Founded in 2008, SOCAR Turkey, officially titled "SOCAR Turkey Enerji A.Ş.", is an affiliate of SOCAR, abbreviated form of "State Oil Company of the Azerbaijan Republic", one of the most well-established oil and natural gas companies of the world.

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