Norway to Help Iran in Caspian Sea Offshore Drilling. Exploration projects

A number of Norwegian companies have voiced their readiness to contribute to Iran`s drilling and exploration projects in the Caspian Sea offshore oilfields.
My company is in talks with a number of international companies. specially Norway. for exploration and development of Caspian Sea oilfields. Managing Director of Caspian Oil Company Mohsen Delaviz told reporters.
He reiterated that Caspian Oil Company is busy in talks with the E&amp.P companies for drilling in deep waters.
The National Iranian Oil Company (NIOC) has ceded the project for feasibility study on Mansouri and Ab Teymour oil fields to MAPNA Group. Delaviz added.
Norway in Northern Europe has huge oil reserves and in comparison to its population. is the largest non-Middle Eastern oil and natural gas producer in the world.
The most famous Norwegian oil company is Statoil. which already had activities in Iran.
In relevant remarks in March. Norwegian Envoy in Iran John Mikal Kvistad called for the further expansion of mutual cooperation between Tehran and Oslo.
By overcoming the present challenges. Tehran and Oslo should prepare the grounds for the return of the economic boom between the two countries to the pre-sanctions era. Kvistad said. addressing a conference themed `Cooperation Development and Technology of Upstream Sector of Oil and Gas of Iran and Norway`.
The Norwegian envoy expressed the hope that by finalization of new model of oil contracts in Iran. bilateral cooperation could expand noticeably.
The Norwegian envoy reminded his country`s readiness to help for banking cooperation with Iran. and said. To this end. it needs signing final agreements. beyond current memorandum of understandings.
 
 

About core

Check Also

IEA Lowers Global Oil Demand Forecasts on Weak OECD Consumption

The International Energy Agency has revised down its prediction for oil demand growth this year, …

Leave a Reply

Your email address will not be published. Required fields are marked *