VOL. XLVI
No 42
20-October-2003
IRAN
Iranian Officials Visit Statoil Headquarters To Probe Consultancy Deal
A group of Iranian Oil Ministry and Majlis (parliament) officials visited Statoils headquarters in Stavanger last week for discussions about a controversial consultancy deal between the Norwegian company and Iranian-owned Horton Investment. Allegations of corruption about the 10-year, $15.2mn contract, under which Statoil had paid $5.2mn before the deal was cancelled, led to the resignations...
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