81755
Azadegan Proposals Under Scrutiny
Azadegan Proposals Under Scrutiny

Azadegan Proposals Under Scrutiny

Azadegan Proposals Under Scrutiny

Development plans presented for the South Azadegan Oilfield are comprehensive and competitive, because of which they should be scrutinized closely. According to Noureddine Shahnazizadeh, chief executive officer of Iran's Petroleum Engineering and Development Company, 14 domestic and international firms are competing to win the tender, some of which have not submitted their proposal yet, ISNA reported on Monday. Pointing to the master development plans received, Shahnazizadeh said, "Malaysia's state oil company Petronas, Royal Dutch Shell, France's Total and Japan's Inpex have presented their plans and Italy's Eni will deliver its scheme in the near future." According to the official, proposals are being assessed technically.  "As soon as they are approved by the National Iranian Oil Company's Reservoir Management Committee, another consulting committee will study them financially," he said. Shahnazizadeh noted that some companies have suggested drilling a large number of well to boost production, while others believe fewer wells can serve the purpose if they are drilled with a greater depth. 

 

Short URL : https://goo.gl/ehtgj4
  1. https://goo.gl/giuhyj
  • https://goo.gl/ymWE9g
  • https://goo.gl/Z4dXU5
  • https://goo.gl/9Buvkj
  • https://goo.gl/t34ozx

You can also read ...

Russia Oil Minister, Zanganeh Discuss Cooperation in Moscow
Russian energy minister Alexander Novak discussed bilateral...
Oil Trading Listed on Iran Energy Exchange
Iran officially started spot oil trading on its energy...
OPEC: India Oil Demand Rising Rapidly
India’s oil demand is expected to rise by 5.8 million barrels...
Concern Over Loss of Qom Salt Lake
Namak (Salt) Lake in Qom Province is drying up and if it is...
Zanganeh: Sanctions Undermine International Oil Market
Inadequate supplies are posing serious challenges to the...
Iran Petrochem Export Revenue in 6 Months Reaches $6.3b
Petrochemical output reached 27.3 million tons in the first...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus