A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran, July 25, 2005. REUTERS/Raheb Homavandi/File Photo
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Iran's national oil company said Monday that it has offered 50 oil and gas fields to international bidders, the first time it has done so since last year's landmark nuclear deal with world powers.Iran's Oil Ministry announced Sunday it will invite foreign companies to bid for oil and gas projects for the first time. On Monday, the ministry released details, saying this would include 29 oil fields and 21 gas fields.Iran hopes to attract more than $150 billion foreign investment in its oil, gas and petrochemical industry by 2020 .
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