NIOC, Royal Dutch Shell hit deal to extend field

Saturday, December 10, 2016



National Iranian Oil Company and Royal Dutch Shell have signed deal to develop Iran’s three oil and gas fields, Iran’s state news agency IRNA reported.

The agreement includes three fields of Yadavaran, South Azadegan, and Kish oil and gas. NIOC’s Ali Karder and Hans Nijkamp, along with Nicolas Hopton and a figure from Dutch embassy in Tehran were present in the ceremony.

Other companies including France’s Total, Japanese contractors, and Chinese oil firms had been signatories to other deals to extend the projects in these three oil and gas fields.

Source: Mehr News Agency

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