Middle East Economic Survey

VOL. XLVIII

No 43

24-October-2005

IRAN

NIDC Preparing To Drill Third Well On Hydros Anaran Block

The National Iranian Drilling Company (NIDC) is preparing to spud the Shangule-1 new pool wildcat well on the Anaran exploration block, operated by Norways Norsk Hydro the third exploration well drilled on the block, following the abandoned Azar-1 and the Azar-2 discovery well. NIDC is expected to spud the hole in the next two weeks. The National Iranian Oil Companys (NIOCs)...