Reacting to the US Congress and Senate’s recent votes to extend the act for another 10 years, Ali Kardor told reporters on Wednesday that Shell’s signing of a memorandum of understanding with the National Iranian Oil Company and the Iranian Ministry of Petroleum on Wednesday showed that international groups are willing to press ahead with efforts to rebuild a presence in Iran.
Noureddin Shahnazizadeh, managing director of the Petroleum Engineering and Development Company (PEDEC) from NIOC and Hans Nijkamp from Shell inked the deal in the presence of NIOC Managing Director Ali Kardor and Britain’s ambassador to Iran, Nicholas Hopton.
Based on the cooperation document, Shell will assess development projects of Azadegan, Yadavaran and Kish oil and gasfields.
Kardor said a tender for entrusting development of Azadegan oilfield will most probably be held in January 2017.
The official said Iranian developers may bid to develop the fields provided that they can lure in a powerful foreign partner in the projects.
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