VOL. XLI

No. 36

7-September-1998

IRAN

Norway's Saga Signs Study Agreement Covering Exploration AcreageIn Iran's Northern Gulf

In a move which is likely to make it the envy of its competitors, Norway's SagaPetroleum has signed a joint study agreement with the National Iranian Oil Company (NIOC)covering an extensive onshore/offshore exploration area in the northern part of the Gulf.It is understood that the acreage includes - but is not limited to - the coveted Darablock, one of 17 exploration...