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Monday, October 22, 2018 2:26 GMT
The Iranian Offshore Oil Company (IOOC) signed a contract with Petroiran Company for maintaining and enhancing oil production capacity of Sivand, Esfand and Dena offshore oilfields in the Persian Gulf. The contract was signed on Wednesday (17 October) between the two companies. The project is to be completed in a 20-month period. An increase of at least 16,000 bpd of crude oil production in the three fields is expected by implementing the contract. The ceremony of signing the contract for...More