81106
NIOC Assessing Pergas, MAPNA Proposals
NIOC Assessing Pergas, MAPNA Proposals

NIOC Assessing Pergas, MAPNA Proposals

NIOC Assessing Pergas, MAPNA Proposals

National Iranian Oil Company’s Department of Reservoir Management is assessing development proposals submitted for Karanj Oilfield, a reservoir in Khuzestan Province, by Pergas Consortium, a group of international oil and gas companies, and MAPNA Group, an energy and engineering conglomerate. According to Shana, other firms, including Schlumberger Ltd, the world's leading oilfield services provider, as well as Pasargad Energy Development Company had also presented their master plans, but the proposals by Pergas and MAPNA have been much compatible with the National Iranian South Oil Company's standards. Karanj was discovered in 1963 and holds an estimated 9.6 billion barrels of in-place oil. It was producing 200,000 bpd of nearly 34 degrees API crude at its peak, but is seriously depleted. According to Bijan Alipour, NISOC's managing director, the master plans centered on strategies to boost output, finance plans and renovation of installations, which were securitized in NISOC's technical committees.

Short URL : https://goo.gl/sRbrbd
  1. https://goo.gl/kT26Rd
  • https://goo.gl/X6x848
  • https://goo.gl/2t9aHJ
  • https://goo.gl/MHaCXU
  • https://goo.gl/usnmjC

You can also read ...

US May Impose Sanctions on China for Buying Iranian Oil
The United States is prepared to impose sanctions on all...
Total to Boost Its Nigeria Output
French supermajor Total will increase Nigeria’s oil production...
Aramco Investments Aimed at Future Oil Demand
Saudi state oil giant Saudi Aramco remains committed to...
Libya’s Oil Security Concerns Increase Freight Premiums
Persistent security concerns over Libya’s oil export capacity...
Seoul Worries Over Condensate Supplies
South Korea is seeking a sanctions waiver from the US to...
Call for Expediting Electricity Joint Ventures With Armenia
Measures should be taken to expedite joint projects between...
50 NIDC Contracts for  Local Manufacturers
The National Iranian Drilling Company has commissioned...
Iran uses a pricing formula whereby gas feedstock is offered to petrochemical plants at 9 cents per cubic meter.
Although Indian investors have signaled their interest in...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus