VOL. XLV

No 22

3-June-2002

IRAN

IranHolds Official Signing Ceremony For Masjed-I-Suleyman Buyback Contract

Mehdi Mirmoezzi, Managing Director of the National Iranian OilCompany (NIOC), and Terry Lawrence, president of Canada痴 Sheer Energy, signed a contract for the redevelopment ofthe Masjed-I-Suleyman oilfield, at a ceremony nearthe field on 28 May. The official signing follows the award of the $88mnproject to Sheer Energy in February (MEES, 25 February). The US StateDepartment has said it will...