VOL. XL

No. 12

24-March-1997

IRAN

Total Modifies Development Drilling Program For Sirri Fields

A recent re-evaluation of the drilling program planned for theSirri E and Sirri A offshore oilfields has allowed the French oil company Total tosimultaneously reduce the number of development wells necessary to support the project andto achieve a significant decrease in cost through the provision of three drilling rigs athighly competitive rates. MEES understands that the French oil major now...