VOL. XLV
No 45
11-November-2002
IRAN
Statoil Awarded Offshore Development Buyback Contract For South Pars Phases 6, 7 And 8
Norways Statoil has signed an agreement with Irans Petropars to take on the operatorship and a 40% interest in the offshore part of the development of Phases 6, 7 and 8 of the South Pars offshore gasfield. The $2.65bn overall project, which involves both offshore and onshore facilities, was awarded by the National Iranian Oil Company (NIOC) to Petropars alone, but the...
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