Iran, Iraq agree to co-develop shared oilfieldsStaff Writer | January 25, 2018
Iran and Iraq have reached an agreement to jointly develop two shared oilfields in the southwestern Khuzestan Province, a deputy at the National Iranian Oil Company (NIOC) was quoted as saying by Financial Tribune.
Oil exploration An agreement has been made
"An agreement has been made to integrate the development of two small oilfields in the city of Khorramshahr," said Manouchehri.
Iran shares a spate of oil and gas reservoirs with neighboring countries, including several oil deposits with Iraq to the west. ■