VOL. XL
No. 31
4-August-1997
IRAN
Canada's Bow Valley Beats Out Contenders In Solo Bid For Balal Development Contract
In a move which is likely to come as a disappointment to all the various companieslining up to compete for the project, Canada's Bow Valley has signed a new contract forthe development of the 40,000 b/d Balal oilfield. Bow Valley's independent bid replaces anearlier proposal submitted by the Canadian firm in conjunction with UK engineers PellFrischmann. The British-Canadian...
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