VOL. XLIII

No. 10

6-March-2000

IRAN

Norways Statoil Eyes Petroleum Industry Investments In Iran

Norwegian state petroleum firm Statoil is considering adding the Middle East to its list of core operating areas outside Norway and, as a first step in this process, the company is studying the potential to participate in petroleum industry projects in Iran.

MEES understands that Statoil has set up a team of 15 dedicated staff, which can call on additional expertise in areas such as contract law as...