TEHRAN - Russia’s Gazprom Neft PJSC presented the results of its studies on development of Iran’s Cheshmeh-Khosh and Changouleh oilfields to National Iranian Oil Company (NIOC) on Tuesday, Shana reported.

The study results of the two mentioned oilfields in western Iran were presented in a meeting attended by NIOC Deputy Managing Director for Engineering and Development Gholamreza Manouchehri, some officials from Iran’s Petroleum Engineering and Development Company (PEDEC) and Iranian Central Oil Fields Company (ICOFC) as well as representatives of the Russian company.

Gazprom Neft PJSC, which is a subsidiary of Russian oil giant Gazprom, signed an MOU with NIOC in December 2016 to conduct development studies on the mentioned fields.

The MOU was signed in Tehran at the presence of Iranian Oil Minister Bijan Namdar Zanganeh and Russian Minister of Energy Alexander Novak.

The company also joined Iran’s Oil Industries Engineering & Construction Group (OIEC) as a consortium in July 2017 to facilitate their activities in Iran.

Earlier on Monday, Gazprom Neft’s Deputy CEO for International Business Development Vladislav Baryshnikov had a meeting with Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia during it the two sides stressed expansion of cooperation in oil and gas industry.

EF/MA