Lukoil “One of the Favorites” for Iran Oil Field Development

By John Lee.

Russia’s Lukoil is reported to be “one of the favourites” to win the contracts to develop Iran’s Mansouri and Shanguleh oil fields.

Sputnik quotes company boss Vagit Alekperov (pictured) as saying that contracts could be signed in the next three to four months.

The National Iranian Oil Company (NIOC), which announced a tender for the fields in the summer of 2017, is also understood to be considering a proposal from Indonesian firm Pertamina.

(Source: Sputnik)

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