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Three Oilfields Contracts will Be Finalized by the March 2018

Source: www.gulfoilandgas.com 1/30/2018, Location: Asia

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Managing director of National Iranian Oil Company (NIOC) said Mansouri oilfield contract was finalized by the first half of March and two companies were selected for the development plan. Ali Karder referred to the latest status of the contracts of the National Oil Company and said the contract for Mansouri oilfield will be finalized by the first half of March, SHANA reported.

He added that 2 companies have been selected for the development plan of the field, and of which a company will eventually sign a contract with a local consortium company.

The official said that the contract for the oilfield in Changuleh is likely to be finalized by the end of this year, saying that three companies are ready for this field and the contract for development of Karkheh oil field will probably be finalized by the end of the year.

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