Mehdi Fakour (pictured), Managing Director of the Iranian Central Oil Fields Company (ICOFC), has announced that Tehran and Baghdad have decided to establish a joint company to developing three joint oil fields, according to the Iranian Fars News Agency. "An Iraqi delegation will visit Iran on February 6 to finalize the establishment of the company," […]
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Iran and Iraq to Sign Contract on Shared Fields
The managing director of the Iranian Central Oil Fields Company (ICOFC), Mehdi Fakour, reported of a new round of negotiations with Iraqi oil officials to achieve a ‘common language’ to expand cooperation on the development of shared fields, based on national interests of the two countries. In an interview with the Iranian news agency Shana, […]