VOL. XLIII

No. 13

27-March-2000

IRAN

Iran Postpones Darquain Field Development Contract Award By A Further Two Months

The National Iranian Oil Company (NIOC) has failed to meet its target of signing a contract for the development of the Darquain onshore oilfield before the beginning the new Iranian year on 20 March. MEES understands that NIOC officials told the contenders for the project shortly before the deadline that the Darquain project would not be awarded before the Nowruz festival, but...