VOL. XLII
No. 25
21-June-1999
IRAN
Foreign Consortium Identifies Exploration Blocks Under FirstStage Of Caspian Study Deal
Partners Royal Dutch/Shell and Lasmo announced last weekthat they had completed a six-month program to identify prospective acreage inwaters claimed by Iran in the Caspian Sea. Block selection in this so-calledpriority area is required under a two-part exploration study agreement signedwith the National Iranian Oil Company (NIOC) last December. Seismic work hasalready been...
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