International oil consortium to transfer technology to Iran
Baku, Azerbaijan, Nov. 23
By Fatih Karimov – Trend:
The multinational Pergas consortium is ready to invest in Iran’s oil industry, train workforce and transfer technology, Colin Rowley, head of the consortium said, SHANA news agency reported Nov. 23.
Rowley made the remarks on the sidelines of singing a non-disclosure agreement (NDA) with the National Iranian South Oil Company (NISOC) to study two oil fields.
He said that the consortium focuses on training and transfer of technology, adding that Pergas is determined to train Iran’s oil industry experts through cooperation with Sharif University of Technology in Iran.
Pergas consortium comprises 11 companies including British Pergas, Standard Handson and LOOBY and Norwegian AGR as well as Philippine National Oil Company (PNOC), SPEC and Oilserv.
Under the NDA agreement, the consortium will undertake studies in Iran’s Karanj (including Asmari, Pabdeh and Khami reserves) and Shadegan (including Asmari and Bangestan reserves) oil fields and will submit the study results to the NISOC within six months.
The National Iranian South Oil Company operates as a subsidiary of National Iranian Oil Company. As Iran's largest oil company, NISOC is producing about 83 percent of all crude oil and 16 percent of natural gas produced in the country.