Ghadir Investment signs MOU to study oil and gas fields in Iran

By Staff reporter 20 April 2017

National Iranian Oil Co. (NIOC) has signed a memorandum of understanding (MOU) with Ghadir Investment to carry out studies at four greenfield oil and gas fields.

The agreements were signed on Wednesday.

One of the fields is Kish, for which NIOC has already signed a similar agreement with Shell.

Ghadir will also be allowed to explore the Sepehr and Jufair oilfields, which Pasargad Gostaresh Energy also has a licence to study.

The final field included in the MOU is the third phase of the Darquain oilfield.

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