Iran, Poland sign MOU on oilfield study

November 5, 2016 - 17:19

TEHRAN – National Iranian Oil Company (NIOC) and Polish state owned oil and gas company, PGNiG (Polskie Górnictwo Naftowe i Gazownictwo), signed a memorandum of understanding (MOU) on Saturday, based on which the polish company will conduct primary studies on Iran’s Sumar oil field in the Iranian western province of Kermanshah, Shana reported.

The MOU was signed in Tehran by Gholamreza Manouchehri, the deputy managing director of NIOC for development and engineering affairs, and Piotr Wozniak, the managing director of PGNiG.

According to Manouchehri, the Polish side should conduct the studies and provide the results to NIOC within a six-month period.

The final decision for development of the field will be made after obtaining the results of studies; NIOC intends to put the development project on tender, the official stated.