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 ...

Iran LPG Shipments Reach 400K Tons
Iran's LPG shipments lifted or due for lifting in May fell...
BP Suspends Work on Rhum Gas Field
BP has stopped work on Rhum Gas Field in the North Sea, which...
Gasoline Consumption Up 8 Percent
Gasoline consumption in the second calendar month that ended...
EU Eager to Avert New US Sanctions
The European Union states have the political will to implement...
Oil Prices Slip on Potential Easing of OPEC Supply Curbs
Oil prices eased on Wednesday as the possibility of higher...
Austria's OMV Stands by Iran Project
Austrian energy group OMV is continuing with planned Iranian...
Crude Exports on a Mild Hike
Iran's crude exports have been experiencing a modest increase...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus