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NIOC: Huge oil reserves discovered in Caspian Sea

Monday, 14 May 2012

Less than a year after a huge gas field was discovered in Iran’s territorial waters in the Caspian Sea, the National Iranian Oil Company (NIOC) officials say the area also contains huge crude oil reserves. The new oil reserves were discovered by the Amir Kabir semi-submersible drilling rig in the course of exploration operations at the Sardar-e Jangal gas field in the deep waters of the Caspian Sea.

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  • Published: 519 days ago on Monday, 14 May 2012
  • By: Iran Daily Brief
  • Last Modified: May 14, 2012 @ 2:24 pm
  • Filed Under: Economy
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  • Source(s):
    • http://presstv.com/detail/240517.html

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