Baku, Azerbaijan, Feb. 22
By Fatih Karimov – Trend:
The National Iranian South Oil Company (NISOC) signed a non-disclosure agreement (NDA) with one of the domestic companies for development studies of three oilfields.
Under the agreement, MAPNA Group, an Iranian enterprise involved in power, oil and infrastructure projects, will prepare development plan of Rag Sefid, Parsi and Karanj fields, based on NISOC contract framework confirmed by Iran's Oil Ministry, the NISOC announced Feb. 22.
MAPNA should submit its proposal for the fields’ development to the NISOC within 6 months.
The NISOC, Iran's largest oil company, produces about 83 percent of crude oil and 16 percent of natural gas in the country. The company has earlier signed deals with Schlumberger, Tenco (affiliated to IRGC), Pergas (a consortium of international companies) and Persia Oil & Gas
Industry Development Co. for carrying out development studies of four fields of Parsi, Karanj, Rag Sefid and Shadegan, including nine oil reserves.
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.