Crude Production in Sirri Region Up 20%

Crude oil production in Sivand and Esfand offshore oilfields off the Persian Gulf has increased by 20% or 16,000 barrels per day, the managing director of the National Iranian Oil Company said.
“Two domestic firms namely the Iranian Offshore Oil Company (as the project employer) and PetroIran Development Company (as the contractor) signed an agreement five years ago to enhance oil production in the two oilfields near Sirri Island,” Oil Ministry’s news service quoted Mohsen Khojastemehr as saying.
The oilfields production capacity has reached 111,000 barrels per day, he added, noting that the $120 million engineering, procurement and drilling contract was signed in 2018 and the plan was completed in 2023.