Iran has offered a 30% stake in the Farzad-B gas field development project in the Persian Gulf to India’s ONGC Videsh (OVL) and its partners, reported the Press Trust of India (PTI).
Located at water depths ranging from 20m to 90m within the 3,500km² Farsi offshore block, the Farzad gas and condensate field straddles the Iran-Saudi Arabia maritime border.
As per the estimates, the…
