VOL. XLI
No. 34
24-August-1998
IRAN
NIOC Rig To Drill For Oil In Turkmenistan's Offshore Sector
The National Iranian Oil Company (NIOC) has signed an 18-month contract to carry outdrilling operations in Turkmenistan's offshore sector. Iran's domestically producedjack-up, the Iran Khazar, is expected to drill up to four appraisal wells on an offshoreblock held by Petronas of Malaysia. The Malaysian firm operates the block, which is knownas the Livanov concession, under a production-sharing...
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