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SHANA — The National Iranian South Oil Company (NISOC) has signed a heads of agreement with MAPNA Group for the development of Parsi and Paranj oilfields in the southwestern province of Khuzestan.
The document was signed on Monday, August 6, by NIOSC CEO Bijan Alipour and Mojtaba Gharavi, director of MAPNA’s oil and gas section.
MAPNA Group is a group of Iranian companies involved in development and execution of thermal and renewable power plants, oil & gas, railway transportation and other industrial projects as well as manufacturing main equipment including gas and steam turbines, electrical generator, turbine blade and vane, HRSG and conventional boilers, electric and control systems, gas compressor, locomotive and other pertinent equipment.
Addressing the signing ceremony of the document, Mr. Alipour said NISOC had signed 18 memoranda of understanding (MoUs) with 8 domestic and foreign oil heavyweights for the development of Parsi, Karanj, Ragsefid and Shadegan oilfields.
Back in April, the company signed an MOU with PERGAS consortium for developing Karanj oilfield.
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