No. 31



Iran Awards $3.8Bn South Pars Phases 4 And 5 Development Project To Eni And Petropars

On 27 July Irans Ministry of Petroleum signed the long-awaited contract with Italys Eni and Irans Petropars for the development of South Pars gasfield Phases 4 and 5. Enis Agip Iran BV subsidiary will be operator and 60% interest holder in the project, with Petropars holding 40%. Petropars is a subsidiary of Irans Pars Oil and Gas Company, operator of the South Pars Phase 1...