PNOC’s exploration offshoot (PNOC EC) cemented a memorandum of understanding with the National Iranian Oil Company (NIOC) to carry out studies over Pazanan and Darkhowin oilfields in Iran.
During the ceremony to ink the deal, PNOC EC managing director said signing the document was a major event in the company’s history.
The showcase is being held with 4,000 exhibitors from across the globe running 1,800 pavilions.
1,016 pavilions are representing 2,500 Iranian firms while 811 other pavilions represent nearly 1,500 foreign companies from 37 countries.
Exhibitors from China, Germany, France, Italy, Spain, Turkey, Russia, Japan, Austria, South Korea, the US, and Australia are running stalls at the 4-day showcase.