National Iranian Oil Company (NIOC) signed 33 oil memorandums of understanding (MoUs) with 28 local and foreign companies after the execution of Iran's deal, also known as the Joint Comprehensive Plan of Action (JCPOA).
Ganoub El Wadi (Ganope) signed a Memorandum of Understanding (MoU) with Russia's Zarubezhneft Jst and the Egyptian Natural Gas Holding Company (EGAS) to develop petroleum production ratio.