. Speaking during a visit by the governor of Daylam, he said IOOC had defined a new project adding completion of the project would facilitate transfer of oil from Azadegan oil field to Bahregan for export.
During the visit the governor of Daylam said incorrect management of oil revenues in recent years led to inflation, adding thanks to diplomatic initiatives taken by the Prudence and Hope administration the situation is getting better as interactions with outside world is on the rise.
The Iranian Offshore Oil Company (IOOC) is a subsidiary of the national Irania Oil Company (NIOC) and its activities cover important areas of the Persian Gulf and its main operations are in Bushehr Province, Kharg Island, Sirri Island and Lavan Island.
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