The Caspian Sea’s profile as an emerging offshore wind province has been underlined by the signing of a new memorandum of understanding between the International Finance Corporation (IFC) and Azerbaijan’s ministry of energy that has the mission of facilitating the historic oil basin’s energy transition to clean energy production off its coast.

Green is the new black. Subscribe to Accelerate

Get the market insight you need into the global oil & gas industry's energy transition – from the new newsletter from Upstream and Recharge.