Uzbekistan, Tashkent, Oct.24 / Trend, D. Azizov /
The Iranian Oil Exploration Operations Company (OEOC) has launched a 2D seismic survey on two investment blocks in the Fergana oil and gas region of Uzbekistan, a source in the Uzbekneftegaz National Holding Company (NHC) told Trend.
According to the source, the Iranian firm won a tender which was announced in late 2010 to conduct seismic surveys in the West Fergana and Chinabad investment blocks.
As a result, OEOC signed a contract for an undisclosed sum with the Korea National Oil Corporation (KNOC) to conduct the study in investment blocks in Fergana region which will involve work on processing and interpretation of data on 2D seismic profiles in the amount of 1200 kilometers to be completed by late 2012.