VOL. XLII
No. 10
8-March-1999
IRAN
French-Italian Consortium Signs Buy-Back Contract CoveringDoroud Offshore Oilfield
A consortium composed of Elf Petroleum Iran, a subsidiary ofFrance痴 Elf Aquitaine, and Agip Doroud BV, an affiliate of ENI of Italy,announced last week that they had signed a buy-back contract with the NationalIranian Oil Company (NIOC) for the redevelopment of the offshore Doroudoilfield. The Doroud project was approved by Iran痴 Economic Council on 30January after several years of...
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