NIOC And Eni Initial Development Contract For South Pars Phases 4 And 5
The National Iranian Oil Company (NIOC) and Italys Eni have completed negotiations for the development ofPhases 4 and 5 of the giant South Pars offshore gasfield project, according to Seyed Mehdi Hosseini, Irans Deputy Minister of Petroleum for International Affairs. Mr Hosseini told reporters in London on 12 July that representatives of the two companies have initialed the contract, which...
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