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OEOC Managing Director Hasan Mohammadi-Moqaddam added that the company has inked a US$15-million deal with Russia’s Lukoil to conduct 3D seismic operations in Uzbekistan’s Gissar oil block within 12 months.
“We also inked a US$20-million contract with Petronas to implement similar operations in Surkhansi oil block within 53 weeks,” he added.
The OEOC will be responsible for analyzing the data from the exploration operations, the official further said