National Iranian Oil Company (NIOC) and Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) signed an initial agreement to study three major oil fields in Iran.
Iran and Thailand signed a memorandum of understanding whereby PTTEP, an oil and gas exploration and production company, will carry out preliminary studies over Changuleh, Balal and Dalamperi oil fields in Iran’s south within six months, Tasnim reported citing Shana news agency.
Following the signing ceremony in Tehran, Gholamreza Manouchehri, the deputy head of the NIOC, said that several other international companies had also won agreements to study the three fields.