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Iran to Offer 17 Oil Blocks in '07 Bidding Round

Source: www.gulfoilandgas.com 11/21/2006, Location: Asia

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Iran will offer mainly onshore oil blocks as part of a bidding round in which foreign firms will be invited to bid for 17 of the country's oil fields early next year, according to an industry source Tuesday. As part of the package, the Organization of Petroleum Exporting Countries' number two producer, is to tender 12 onshore oil blocks and five offshore fields, the source said.

The projects will be offered by the National Iranian Oil Company, at a tender conference in Vienna, Feb. 1 and 2, 2007.

Listed below are the 17 offshore and onshore oil blocks to be offered by the National Iranian Oil Co. for exploration and development.

No BLOCK NAME LOCATION 1 Kalat Block Onshore 2 Quchan Block Onshore 3 Naft Shahr Block Onshore 4 Ham Block Onshore 5 Danan Block Onshore 6 Fasa Block Onshore 7 Bandar Abbas Block Onshore 8 Raz Block Onshore 9 Maraveh Tapeh Block Onshore 10 Moghan Block 1 Onshore 11 Moghan Block 2 Onshore 12 Kavir Block Onshore 13 Alvand Block Offshore -Persian Gulf 14 Ferdowsi Block Offshore -Persian Gulf 15 Laleh Block Offshore -Persian Gulf 16 Taban Block Offshore -Persian Gulf 17 Dayyer Block Offshore -Persian Gulf

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