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In line with efforts to attract much-needed foreign funds to develop untapped hydrocarbon deposits in the Caspian Sea, Khazar Exploration and Production Company (KEPCO) has established an investment committee, the managing director of the company said.

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[ادامه خبر] Iran: Prospect of Attracting $15b in Energy Finance The $5 billion gas deal reached with Total S. last month set a new tone for Iran's energy industry and the country is now poised to seal new oil and gas agreements worth three times the gas deal with the French major.

[ادامه خبر] KEPCO Steps Up Efforts to Exploit Caspian Deposits In late 2015, Iran introduced three exploratory blocks in the Caspian region as part of its new oil and gas projects to attract foreign investment.

Maersk in Strong Position to Develop Iran's South Pars Oil Layer Denmark's major offshore explorer Maersk Oil is in a strong position to win a contract to produce ultra-light crude from Iran's South Pars gas field and its recent acquisition by France's Total will not adversely affect the potential deal, an official at the National Iranian Oil Co. [ادامه خبر] Indian Bank to Extend $150m for Chabahar Development Iran is expected “very soon” to approach India’s Exim Bank seeking disbursement of the first tranche of $150 million loan to fast-track the development of Chabahar Port.