Iran Press/ Iran news: The deals were signed on Monday morning in a ceremony held in Tehran between the Iranian Offshore Oil Company (IOOC) and the National Iranian South Oil Company (NISOC), as employers, and 14 Iranian companies as contractors.
The total value of these contracts is more than €1.527 billion, and with the implementation of these contracts, 185,000 barrels will be added to the country's crude oil production capacity, SHANA reported.
These contracts, which will be implemented in the five provinces of Khuzestan, Fars, Kohgiluyeh and Boyer-Ahmad, Bushehr, and Hormozgan, entail 11 contracts by NISOC and two others by IOOC.
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