VOL. XLI

No. 50

14-December-1998

IRAN

NIOC Extends Bid Deadline For Offshore Buy-Back Projects To 1 February1999

The National Iranian Oil Company (NIOC) has postponed the bidsubmission date in respect of proposals relating to a number of projects included in itssecond international buy-back tender. With the exception of one onshore field, theextensions apply only to development projects in Irans offshore area. NIOC did notextend the bid deadline of 30 November for any other project in its...