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FinancialNews


  • 18-03-18

    Iran: NIOC to sign oilfields development contracts

    (MENAFN) Tasnim news agency reported the National Iranian Oil Company (NIOC) to be set for signing contracts with a holding company on developing further two oilfields.

    The report declared that "the contract for the development of Jofeir and Sepehr oilfields will be signed between NIOC and the Pasargad Energy Development Company (PEDC)."

    It also reported the contracts to be signed with Minister of Petroleum Bijan Zangeneh attending the ceremony alongside NIOC Managing Director Ali Kardor.

    PECD is said to belong to the Pasargad Financial Group, which comprises of several business including Pasargad Bank.

    MENAFN1803201800450000ID1096610936

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