Under the terms of the Heads of Agreement
, the NIOC and the three project partners will now negotiate a 20-year contract in accordance with the technical and economic terms established in the Heads of Agreement
, within the framework of the model Iran Petroleum Contract (IPC) that was recently approved by Iran.
Condor Chairman, Dr Paul Crosio, commented on the combined debt and project acquisition heads of agreements
: "As Condor moves focus to highly prospective and near term assets we have had to leverage our near production asset Marianas and access the debt market.
Under the heads of agreement
, both sides agreed to start the construction of the pipeline carrying Iran's gas to Oman in a short period.
A construction contract, which is expected to be signed following the heads of agreement
, stipulated that PetroGreen Energy will engage Akelco to put up a single-circuit 69-kilovolt overhead interconnection line based on engineering design and transmission line components to be furnished by PetroGreen.
GenMark Diagnostics Inc (NASDAQ:GNMK) on Thursday announced that it has entered into a Heads of Agreement
with Advanced Liquid Logic Inc (ALL).
Heads of agreement
have been reached with the NHS Pension Scheme, the Principal Civil Service Pension Scheme, the Teachers' Pension Scheme and the Local Government Pensions Scheme, based on an improved offer made on November 2, said Mr Alexander.
Qatar's energy minister, Mohammed al-Sada, and Shell chief executive Peter Voser signed the heads of agreement
The momentum on TAPI project negotiations picked up after mid 2010 and in December 2010 Inter Governmental Agreement (IGA), Gas Pipeline Framework Agreement (GPFA) and Heads of Agreement
(HOA) were signed in Turkmenistan.
In 2008, he signed a heads of agreement
with the MoO for the development of gas capturing and utilisation in the southern oilfields.
The two countries signed the Heads of Agreement
and certain condition precedents to make the Gas Sales Purchase Agreement (GSPA) effective, The Daily Times reports.
ISLAMABAD, March 16, 2010 (Frontier Star): Pakistan and Iran signed the Heads of Agreement
(HOA) and (Operational Agreement)OA in Istanbul, Turkey, which was earlier finalized and initialled by ISGS and NIOC.