The Executive Director of the National Iranian Oil Company, Mohsen Khajseteh Mehr, confirmed that there is no common field with Saudi Arabia that has not been identified yet, indicating “the start of a new phase of cooperation between the two countries,” according to “Russia Today” agency. The Iranian official indicated that “a plan has been identified for all fields shared between Iran and Saudi Arabia, and the necessary approvals have been obtained to carry out various operations, including increasing production, maintaining production and new development.” He added that the “Petropars” companies and the offshore facilities are engaged in oil production in the field, and an increase in new production will be announced soon.

Source: National News Agency – Lebanon