Iran signs NDA deal with Schlumberger to explore 3 oilfields
Baku, Azerbaijan, Nov. 27
By Fatih Karimov – Trend
The National Iranian South Oil Company (NISOC) signed a non-disclosure agreement (NDA) with the world's largest oilfield services company, Schlumberger, to explore three oilfields, SHANA news agency reported Nov. 27.
Under the agreement, the multinational company will undertake exploration in Iran’s Rag Sefid field (including Asmari, Bangestan and Khami reservoirs), Parsi (Asmari reservoir) and Shadegan (including Asmari and Bangestan reservoirs) oil fields and will submit the exploration results to the NISOC.
The contract was signed by Bijan Alipour, managing director of the NISOC and Antony Brockmann, marketing vice president for Schlumberger.
The NISOC earlier announced that four fields of Parsi, Karanj, Rag Sefid and Shadegan, including nine oil reserves, are specified for development based on NISOC contract framework which is confirmed by Iran's oil ministry.
The nine reserves include Asmari, Pabdeh and Khami in Karanj field, three reserves in Asmari, Bangestan and Khami in Rag Sefid field, Asmari field in Parsi field and two reserves of Asmari and Bangestan in Shadegan field.
On Nov. 23 the company signed the first NDA with Pergas international consortium within the NISOC contract to explore Karanj and Shadegan oilfields.
Over 60 Iranian and foreign companies have announced readiness for cooperation with the NISOC within the NISOC contracts. The NISOC has held talks with 33 companies out of the total number so far.
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.