14131
$20b Oil Investment
Energy

$20b Oil Investment

The Iranian Offshore Oil Company (IOOC) plans to hold two tenders in the near future for domestic and foreign investors that include the overhaul of 40 and drilling of 15 oil wells, Saeed Hafezi, IOOC managing director, said, adding that the projects will attract $15-20 billion in investments, Shana news agency reported.

 

Short URL : http://goo.gl/pExzvK

You can also read ...

The share of renewables in Iran’s energy mix is as low as 360 MW.
The Energy Ministry is keen to make good on a promise to add...
NIOC to Hold Briefing on Azadegan Oilfield Tender
State oil company, NIOC, is set to hold a briefing this week...
Zanganeh Highlights Gas Export Barriers
Iran is facing a bumpy road in expanding natural gas export,...
Rosneft, Trafigura Close $13b Purchase of Essar Refinery
Russian oil major Rosneft, oil trader Trafigura and Russian...
Rising US production has been a major factor keeping supply and demand from balancing.
Oil prices fell on Monday as a rally at the end of last week...
Total, Maersk in $7.5b Deal
Total is buying Maersk's oil and gas business in a $7.45...
US Oil Stocks Falling
US crude inventories are falling more than expected in a sign...

Trending

Googleplus