VOL. XLII

No 49

6-December-1999

IRAN

Germany痴 Veba Farms Into Iran痴 South Caspian ExplorationStudy Venture

The German company Veba Oil and Gas has secured a farm-instake in the South Caspian Exploration Study (SCES) venture currently beingconducted by a group composed of the National Iranian Oil Company (NIOC), RoyalDutch/Shell and Britain痴 Lasmo. Under an agreement between NIOC and Veba,signed in Tehran on 28 November by Hossein Kazempour Ardebili (Adviser to theMinister of Oil) for the Iranian...