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Monday, February 06, 2012 22:20 GMT
The contract for developing Changouleh Oil Field has been signed with a local company affiliated to Dana Energy Group, reports say. The contract was signed on Monday, 6 February, with the presence of Managing Director of the National Iranian Oil Company (NIOC), Managing Director of Petroleum Engineering and Development Company (PEDEC), and Managing Director of Dana Oil and Gas Company. By signing this contract which is worth between US$200 to US$250 million, two existing wells in this field...More