VOL. XLIII
No. 35
28-August-2000
IRAN
NIOC Awards Chinese Corporation $85Mn Contract To Drill Gas Wells
The National Iranian Oil Company (NIOC) on 20 August awarded China National Petroleum Corporation (CNPC) an $85mn contract to drill 19 gas wells in southern Iran. According to Chinas Xinhua News Agency, the contract is the first to be won by a Chinese company since the 1979 Islamic revolution. CNPCs China Petroleum Technology Service and China Petroleum Technology Development Company, together...
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