NIOC to sign 3 oilfield development deals soon

An official at the National Iranian Oil Company (NIOC) said on Tuesday that nominated companies for the development of three Iranian oilfields have been determined and the deals will probably be signed before the end of the current Iranian calendar year (March 20, 2018), ISNA reported.

TEHRAN TIMES – An official at the National Iranian Oil Company (NIOC) said on Tuesday that nominated companies for the development of three Iranian oilfields have been determined and the deals will probably be signed before the end of the current Iranian calendar year (March 20, 2018), ISNA reported.

According to Karim Zobeidi, NIOC's deputy managing director for consolidated planning, the results of the studies on Ab-Teymour and Mansouri (in southwestern Khuzestan province) and Changouleh (in western Ilam province) which were presented to NIOC by the assigned companies have been assessed and some companies are chosen for further negotiations. 

The NIOC official also noted that there has been some positive talks regarding the South Pars oil layer (in the Persian Gulf) with Denmark's Maersk Oil and a deal with the Danish company for the development of this field is not far to reach.

 “Two other companies (one of which is a Russian company) expressed tendency for the development of this field but the negotiations with Maersak have made great progress,” he said.

Oct 25, 2017
Tehran Times |