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NIOC, Norway ORG ink MoU

As per the MoU, the Norwegian company is to start study on Sardar-Jangal Oilfield and exploration blocks of 24, 26 and 29 in Caspian Sea.

 

Deputy Minister of Petroleum for international and commercial affairs Amir Hossein Zamani-nia said in the ceremony that most of Iran's oil industry activities concentrated in south of the country and expressed the hope that cooperation between NIOC and Khazar Oil Company and Norway's ORG would lead to fruitful results in direction of expanding the area of exploration and development activities in Caspian Sea (Khazar Sea).

 

He added that the MoU indicates reciprocal confidence of the both sides and expressed the hope that the cooperation would lead to consolidated and effective operations in the Caspian Sea.

 

Deputy Petroleum Minister for development and engineering affairs Gholamreza Manouchehri pointed to experiences and background of Norway activities in the field of exploration and development in the sea and expressed the hope that the MoU would result to long-term and effective cooperation between the two sides.

 

Manouchehri said that development activities in the Caspian Sea needs modern technologies and expressed the hope that continuation of cooperation between Iran and Norway helps transfer of know-how into Iran.

NIOC, Norway ORG ink MoU
Created Date: Wednesday, November 01, 2017 4:55 PM

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