Japan's Inpex in running to develop major Iran oilfield: media

Japan's Inpex in running to develop major Iran oilfield: media...
reuters.com 04/01/2017 Economy

Keywords:#Azadegan, #Iran, #Japan, #MOU, #News, #Reuters, #Reuters.com, #Tehran

Japan's Inpex Corp is in the running to develop a major oilfield in Iran, Kyodo News reported on Wednesday, as Tehran looks to aggressively ramp up crude output following the lifting of sanctions.
Japan's top energy developer is a strong candidate for the project after signing a memorandum of understanding (MOU) to look into developing the Azadegan oilfield, Kyodo said, citing Noreddin Shahnazizadeh, managing director of Iran's Petroleum Engineering and Development Company.
Kyodo reported that a tender would be held around the first quarter of this year.
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