According to SARVAK AZAR's public relations report, the contract for the second stage of Azar Oil Field development was signed this morning, March 27, at the Ministry of Oil's Kooshk conference center in the presence of Mohammad Mokhber, First Vice President; Javad Oji, Oil Minister; Mohsen Khojaste Mehr, CEO of National Iranian Oil Company; and Hamidreza Tavasoli, CEO of SARVAK AZAR Engineering and Development Company.
It should be noted that the National Iranian Oil Company has assigned the second phase of the Azar Oil Field development to the SARVAK AZAR, and this phase is worth one billion and 36 million dollars.
It is worth noting that the Azar Oil Field is one of the most complex and difficult oil fields in the Middle East and Iran in terms of geological structure.