Norwegian firms to partake in Iran hydrocarbon projects in Caspian Sea

10 May, 2017
Source: IRNA

Norwegian companies are ready to contribute to drilling and exploration of oil fields in the Caspian Sea.

Managing Director of Khazar Exploration and Production Co. (KEPCO)  Mohsen Delaviz told a press conference on Tuesday that his company is in talks with a number of international companies for exploration and development of Caspian Sea oil fields.

'We are in the anniversary of oil exploration in Caspian Sea. In May 2012, we reached oil 2,500 meters underground in Sardar Jangal field,' he said on the sidelines of the 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2017), that is underway at Tehran International Fair Ground.

'We are busy in talks with the E&P companies for drilling in deep waters. 

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