By OGJ editors
HOUSTON, Jan. 27 -- Six international oil majors will cooperate with the National Iranian Oil Co. (NIOC) in implementing research projects to enhance production from Iran's oil and gas fields, OPEC News Agency reported.
Mohammadali Emadi, NIOC research director, said BP PLC, TotalFinaElf SA,
Statoil ASA, Norsk Hydro ASA, Malaysia's state owned Petronas Carigali Overseas Sdn. Bhd., and Tatarstan state oil company OAO Tatneft each agreed to pay up to $300,000 annually in the cooperative effort with NIOC.
The consortium, which has agreed to a 5-year first stage, intends to transfer its expertise to help boost Iran's oil and natural gas production. If successful, the cooperation is expected to continue. Emadi said NIOC and Statoil already cooperated for 8 months.
