*Pakistan Refinery Limited (PRL)* has executed a Tripartite Memorandum of Understanding (MoU) with the State Oil Company of Azerbaijan Republic (SOCAR) and Pakistan State Oil Company Limited (PSO) in Baku, Azerbaijan. The MoU pertains to Project Management Consultancy support and technical services for refinery modernization and new initiatives, covering the following key areas: Experience and knowledge sharing related to feasibility studies and scope definition Technical advisory matters Risk assessment and mitigation Procurement and contracting support