Middle East Economic Survey

VOL. XLVIII

No 45

7-November-2005

IRAN

Norsk Hydro Lined Up By NIOC For Khoramabad E&D License

Norways Norsk Hydro has been selected by the National Iranian Oil Company (NIOC) to undertake exploration and development work on the Khoramabad license area in Western Iran (for map see MEES, 1 December 2003). Khoramabad is the third agreement from 16 license areas offered to international and domestic companies in early 2004, which featured improved licensing terms (MEES,...