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Four oil giants purchase tender documents of Iran's 17 blocks

TEHRAN, March 16 (Mehr News Agency) - Four big oil companies purchased the tender documents of 17 oil blocks in Iran, said National Iranian Oil Company's (NIOC) exploration manager here on Friday.

Of over 30 domestic and foreign bidders, four oil companies bought the documents, Hossein Roshandel told MNA.

He declined to directly name the purchasers, however adding the Anglo-Dutch Shell, France's Total, Brazil's Petrobras and Malaysia's Petronas, Spain's Repsol, and Austria's OMV were among the bidders.

The blocks' names were not disclosed, either.

The 17 blocks were introduced to international oil companies in a two-day conference in Vienna early Feb., of which 5 are offshore and 12 are onshore.

The blocks are scattered in 9 provinces in a 129,000km area.

The whole blocks attract investments worth at least 46 million.

... Payvand News - 3/16/07 ... --

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