Baku: The UK-based company bp, together with its partners, has invested more than $89 billion in the projects it operates in Azerbaijan, bp told APA-Economics. Since its inception in Azerbaijan, bp, as well as its partners in joint projects where it serves as operator, have invested more than $115 million in social investment projects in the country.
According to Azeri-Press News Agency, bp today announced the successful completion of a social investment project at Baku State University (BSU), which envisages the creation of a digitally managed modern library. The project aims to improve the preservation and maintenance of BSU’s valuable library collection, which includes approximately 2.5 million rare books, manuscripts, and historical documents, by applying modern digital archiving and inventory management practices.
Additionally, bp and Baku State University have signed a cooperation agreement defining a framework for potential joint projects. The main purpose of this agreement is to foster long-term academic development and innovation by strengthening the university ecosystem and supporting knowledge enhancement.