The 11th administration’s policy in oil is said to focus on bringing back big international oil and gas companies to the Iranian oil industry. But Bijan Zanganeh made his first contract as the new oil minister with Iraq.
The contract was made by Hamidreza Golpaygani, CEO of the National Iranian Drilling Company, and Ahmed Batwash, Vice Chancellor of the Iraqi Drilling Company.
The terms of the contract cover agreements in educational services and international certificates to be given by Iran to the Iraqi oil industry staff.
The areas of education will include drilling operations, electrical engineering, mechanics, and fluids.
The contract also includes agreement on supervision over in-field operational activities.
Providing comments on Iran’s vast drilling area, covering more than 10 provinces as well as the Persian Gulf, Golpaygani said "Such a vast operational area well indicates the importance of our technical drilling operations to the country’s oil industry.”