Iran Oil company signs oil agreement with French Total
Kuwait News Agency - 25 April, 2009
www.gulfinthemedia.com/index.php?id=466754&news_type=Economy&lang=en

Iranian Executive Director of the Continental Shelf Oil Company (Iranian
national oil company) Mahmoud Zirkjian Alizada said on Friday that his
company signed an agreement worth EURO 32 million with the French company
Total to carry out support and planning operation in the Iranian Dorood
three refinery.

According to Iranian Mehr news agency Alizada told reporters on the
sidelines of the Fourth International Exhibition on oil, gas and
petrochemicals in Tehran that there had been during the past three years,
contracts worth USD 12 billion dollars with the domestic and foreign
companies and the Iranian company.

The Iranian official said that there was another contract worth USD 3.7
billion in the previous year.

The Executive Director noted that the volume of oil and gas production from
oil fields in the Gulf, has increased during the past year, stressing that
the Iranian Frouzan oil production increased by 11 percent, as well as the
size of Salman oil field production which witnessed an increase of six
percent.
"Iran has 13 oil and gas fields shared with Gulf, and there are about 5
billion barrels of crude oil in those fields," Alizada added.