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Global firms to jointly study Iran oilfields

TEHRAN, June 6, 2017

A team of global energy firms including Russia's Gazprom Neft , Austria's OMV and the National Iranian Oil Company (NIOC) will jointly study oilfields in Iran, a report said.

Gazprom Neft and OMV signed the relevant memorandum of understanding at the St. Petersburg International Economic Forum, Iran Daily reported, citing Russian news agency Tass.

The area of possible cooperation includes preliminary analysis, assessment and study of oilfields located in Iran in cooperation with NIOC.

"The company is already implementing a large project to develop the Badra field in Iraq and is studying the possibility of participating in the development of two blocks in Iran. Taking into account the extensive experience of OMV in the Middle East and, in particular, in Iran, I am sure that joint geological assessment of assets will be most effective," first deputy general director of Gazprom Neft, Vadim Yakovlev was quoted as saying by the press service.




Tags: NIOC | OMV | Gazprom Neft | Iran oilfields |

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