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| Syria-Lebanon-Iran | |
| Iran signs contract with Euro firm for exploratory operations | |
| 2015-01-02 | |
Iran has reportedly signed a contract with a European company for carrying out exploratory operations in its salt domes.
"Iran has never carried out any exploratory operation in salt domes," he said. The international sanctions imposed on Iran forced many international companies to withdraw from the country's oil and gas projects. Iran is currently in talks with giant European oil and gas firms including Italy's Eni, Russia's Lukoil, and British Petroleum. The international companies are reportedly ready to invest in Iran's oil and gas projects as soon as the sanctions are lifted. | |
| Posted by:Steve White |
| #1 Managing Director of the National Iranian Oil Company's (NIOC) Exploration Department Hormoz Qalavand refused to disclose the name of the company. Perhaps he has a weekend hobby he wishes to explore and will be pocketing the R&D money of this project... |
| Posted by: Count Galeazzo Dingle8708 2015-01-02 15:46 |