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Wednesday, 4 January 2017

Japan's Inpex in running to develop major Iran oilfield: media | Reuters

Japan's Inpex in running to develop major Iran oilfield: media | Reuters:
"Japan's Inpex Corp is in the running to develop a major oilfield in Iran, Kyodo News reported on Wednesday, as Tehran looks to aggressively ramp up crude output following the lifting of sanctions.

Japan's top energy developer is a strong candidate for the project after signing a memorandum of understanding (MOU) to look into developing the Azadegan oilfield, Kyodo said, citing Noreddin Shahnazizadeh, managing director of Iran's Petroleum Engineering and Development Company.

Kyodo reported that a tender would be held around the first quarter of this year."

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