An Iranian Exploration Deal With Italy

Via Shana (Iran’s Petroenergy Information Network), news that the National Iranian Oil Company (NIOC) and Italian company Edison SpA signed a contract on the exploration of Dayyer Block, an 8,500 square kilometer area that comprises one of 17 offshore blocks in the Persian Gulf. Edison will invest $107 million dollars in the exploration.  According to the article:

“…NIOC had already announced that the contracts of three exploration blocks [two others in addition to Dayyer] would be inked by the end of the current Iranian calendar year (March 19, 2008).


“A consortium comprising Austrian company OMV, Turkey’s oil distributor Petrol Ofisi, and Iranian company Petropars will be in charge of exploration operations in border Danan block and a consortium consisting of a British company and Iranian Offshore Engineering and Construction Company (IOEC) will be responsible for exploration of offshore Laleh Block,” said the NIOC official.

This entry was posted on Friday, January 11th, 2008 at 8:00 am and is filed under Iran, Italy, National Oil Company of Iran.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

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