On June 16, Azerbaijan State Oil and Industry University (ASOIU) and the Innovation Management and TRIZ Institute signed a memorandum of cooperation, solidifying their joint efforts in science innovation, scientific research, and international projects. The signing ceremony was attended by ASOIU's Rector, Prof. Dr. Mustafa Babanli, Chairman of the Board of Innovation Management and TRIZ Institute LLC,

Prof. Dr. Ali Kutvan, academic staff of the university,

and other guests.