National Iranian Oil Company (NIOC) has signed agreements with three leading Russian oil companies for bilateral cooperation, a report said.

Memorandums of Understanding (MoUs) were inked between Iran and the Lukoil, Tatneft and Zarubezhneft of Russia, deputy managing director of NIOC for Developing projects and Engineering Gholam-Reza Manouchehri was quoted as saying in the Iran Daily report.

The MoUs are expected to be finalised in a near future, Manoucheri said.