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NIOC to Pitch 14 Oil Exploration Blocks at Oil Show

Source: Shana 5/5/2018, Location: Asia

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The National Iranian Oil Company (NIOC) has planned to present 14 exploration and development blocks to potential investors and developers at the 23rd Iran International Oil, Gas and Petrochemicals Exhibition.

Presented by the exploration directorate of NIOC, the blocks cover 80,000 square kilometers of land and will be pitched to domestic and international companies for development.

These blocks are located in well-known undeveloped sedimentary basins, details of which will be presented during the show.

The presentation will be held at 10:30 a.m., May 7, the second day of the showcase, scheduled for May 6-9 at Tehran's permanent fairgrounds.

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