InterOil Corp

Energy
Papua New Guinea
InterOil
Exxon Mobil

"InterOil Corporation, an independent oil and gas firm based in Papua New Guinea, has signed a memorandum of understanding with Pars Special Economic Energy Zone and Petropars Ltd. to develop a major oil production zone in southern Iran. The agreement is aimed at determining the feasibility of establishing Pars 3, an expansive area of 16,000-hectares in Bushehr Province, which will incorporate all infrastructures for offshore and onshore crude exploration, production and export, Shana reported." (June 11, 2016)