Iran to conduct exploratory drilling in Caspian Sea Block 8.1

Oil&Gas Materials 24 June 2015 16:04 (UTC +04:00)

Tehran, Iran, June 24

By Mehdi Sepahvand - Trend:

The National Iranian Oil Company has issued a permit for exploratory drilling at Caspian Sea Block 8.1.

The National Iranian Oil Company CEO Roknoddin Javadi and representatives from the Caspian Oil Company discussed a number of projects and proposed related scenarios in a meeting, SHANA news agency reported June 24.

The Block 8.1 exploration proposal was chosen as the most prominent offshore project during the session.

A few steps such as determining the scope of work, holding a tender, and appointing a contractor are to be carried out before the exploration starts.

Edited by CN