India set to lose Farzad-B gas field; Iran to prefer domestic companies over foreign firms

After sitting over OVL's proposal for years, the National Iranian Oil Co (NIOC) informed the firm in February this year about its intention to conclude the contract for Farzad-B development with an Iranian company, sources with direct knowledge of the development said.

from Energy-Industry-Economic Times https://ift.tt/3kaahaO