VOL. XLV
No 3
21-January-2002
IRAN
Statoil Seeks Stake In South ParsPhases 6, 7 And 8 As Enterprise Tests Second Appraisal Well
Norways Statoil is negotiatingwith Irans Petropars, operator of the South Pars Phases 6, 7 and 8 offshorefield development, to take a major equity stake in and potentially assumeoperatorship of the project. The National Iranian Oil Company (NIOC) awardedthe $2.65bn Phases 6, 7 and 8 development to Petropars, but the company has subsequentlyrun into funding difficulties...
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