VOL. XLVI
No 22
2-June-2003
IRAN
NIOC Subsidiary In UK North Sea Field Development
The Aberdeen-based Iranian Oil Company UK (IOC) subsidiary of the National Iranian Oil Company (NIOC) is to take part in the 350mn development of the Rhum field in the UK North Sea, under the first overseas field development by the Iranian state firm. On 21 May field operator BP announced that Rhum would be developed on a 50/50 ownership basis by the two companies, with project work commencing immediately and first...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!