Honeywell and Socar Sign Collaboration Agreement to Advance Automation and Transition of Region’s Energy Industry

Honeywell and SOCAR, the State Oil Company of Azerbaijan Republic have signed a Collaboration Agreement to jointly evaluate future opportunities to help digitalize the region’s energy sector and support its emissions reduction and security goals. The collaboration also supports Honeywell’s alignment of its portfolio to three compelling global megatrends, including the energy transition, automation and the future of aviation. Together, the two companies will explore future projects in areas that could leverage Honeywell’s cutting-edge infrastructure assessment and modernization capabilities, digitalization, sustainability and worker competency solutions, and emissions management solutions. The agreement also enables co-innovation and co-creation by both companies in these areas.