Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
by jgambino | Fri, 2010-02-26 22:32
selected project
Malaysia-Iran, Resalat Oil Field
description
An unnamed Malaysian firm won a contract to develop Resalat oil field for roughly $1 billion. The development project would last 42 months and increase oil production from 10,000 bbpd to 40,000 bbpd. Previous reports indicated that Chinese oil companies would also be involved.
- Country: Malaysia
- Client: National Iranian Oil Company
Status
- Current Status:
- Discussion Date:
- Contract Date: Mon, 2010-02-22
- Completion Date:
Citation
1. "Malaysia to develop Iran's Resalat oilfield", Press TV, 22 February 2010, available at http://www.presstv.ir/detail.aspx?id=119219§ionid=3510213.
2. "Malaysia, China to develop Iran's Resalat oilfield ", Payvand News, 29 June 2009, available at http://www.payvand.com/news/09/jun/1320.html.