60618
Norwegians in Petroleum Talks
Norwegians in Petroleum Talks

Norwegians in Petroleum Talks

Norwegians in Petroleum Talks

Norway's oil industry can invest in Iran's upstream development projects and also collaborate with domestic companies to enhance the extraction rate at oilfields using enhanced oil recovery (EOR) methods.
Gholamreza Manouchehri, deputy head of National Iranian Oil Company, made the statement while addressing a panel on "Iran and Norway Upstream Oil Sector Cooperation Conference" in Tehran on Tuesday, Shana reported.
Reportedly, more than 30 Norwegian firms are attending the two-day conference which includes technical discussions on EOR technologies and geological studies on old reservoirs.
The upstream oil sector includes searching for potential underground or subsea crude oil and natural gas fields, drilling exploratory wells and subsequently operating the wells that recover and bring crude oil/natural gas to the surface.
According to Manouchehri, Norwegian companies can also offer consultancy to NIOC on  rehabilitating dilapidated oil and gas facilities.
Highlighting the view that NIOC does not believe in only importing foreign equipment, he said, "Joint ventures to manufacture oil and gas equipment can also be on the agenda."
Norwegian oil and gas company DNO is conducting studies to develop Changuleh Oilfield in western Iran. It also is interested in developing Hengam field, which is shared by Iran and Oman, based on a practice known as “unitization”—the joint development of a hydrocarbon reservoir extending across two countries—based on which the two sides split production and profit.

 

Short URL : https://goo.gl/9QAITy
  1. https://goo.gl/Q0jFxN
  • https://goo.gl/doJnOO
  • https://goo.gl/2W9BY0
  • https://goo.gl/tmnYoz
  • https://goo.gl/OdPRxf

You can also read ...

Russia Says US Sanctions on Iran "Unproductive"
United States' sanctions on Iran's oil industry are...
China to Cut Solar, Wind Subsidies
China will speed up efforts to ensure its wind and solar power...
Oil Coalition Seeks Consensus Ahead of Algiers Summit
With a critical meeting in Algiers fast approaching, a...
Abu Dhabi Planning Biggest Oil  IPO in Decade
Abu Dhabi is pushing ahead with an initial public offering for...
Crude Prises Higher as Supply Concerns Rise
Oil prices rose on Monday as investors worried about the...
New Power Capacity for Sistan-Baluchestan
Operations to build new combined-cycle power plants in...
Abadan  Refinery  Second Phase  on Track
The second development phase of Abadan Oil Refinery in...
ICOFC to Develop  Eight Gas Fields
Iranian Central Oil Fields Company plans to develop eight gas...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus