Iran Plans Oilfield Tenders in June for International Companies
Country developing contract model for oil projects: official/ Energy, petrochemical industries need $185 billion investment/ Iran plans to invite international companies to bid for oilfield development rights in June, a government official said, as the Persian Gulf country seeks to revive its energy industry after years of crippling sanctions. The Oil Ministry will solicit bids in a tender round starting June 21 and running for a month, state-run Islamic Republic News Agency reported Tuesday, citing Mehdi Hosseini, chairman of the ...
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