Lukoil, NIOC to cooperate on Persian Gulf, Caspian studies

Lukoil-Engineering has signed a memorandum of understanding with National Iranian Oil Co. concerning exploration offshore and onshore Iran.

Offshore staff

MOSCOW – Lukoil-Engineering has signed a memorandum of understanding with National Iranian Oil Co. (NIOC) concerning exploration offshore and onshore Iran.

Both parties signed the documents in Moscow in a ceremony attended by Iran’s Minister of Petroleum, Bijan Zangeneh, and Lukoil managing director Vagit Alekperov.

They aim to cooperate on basin modeling and analysis of the petroleum systems of northwest areas of the Persian Gulf, the Abadan plateau and the South Caspian basin.

This will involve a mutual exchange of data and establishment of a joint working group.

10/05/2017

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