Russian oil producer Gazprom Neft and the National Iranian Oil Company (NIOC) have agreed to conduct a study into the possible development of two oil fields in Iran.
Energy Minister Alexander Novak also said both Gazprom and Russia’s largest oil producer Rosneft have signed a separate memorandum with NIOC.
Russia has the largest share of Iran’s oil field development studies compared with other countries involved in oil exploration there, according to reports.
Iran plans to launch next year a new-style contract for helping develop its oil and gas fields with invitations to tender to be the first since the lifting of sanctions.
A study will be conducted for the Changouleh and Cheshmeh=Khosh oil fields in Western Iran.
A deal on producing oil at the two oil fields could follow, according to the minister.
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