Feasibility Studies on SP Phase 2 Complete

The venture to develop South Pars Gas Field's Phase 2 in the Persian Gulf has gained traction, as its feasibility studies have been completed by an unnamed French company, the chief executive officer of Pars Oil and Gas Company said on Friday.
"The [French] company has submitted its proposals to POGC … Final decisions will be formulated and announced soon," Mohammad Meshkinfam was also quoted as saying by ISNA.
The cooperation is meant to give a clear picture of the field's condition as well as equipment and investment requirements to raise output.
Referring to the bulk of options on the table, Meshkinfam said that after finalizing the plan, it will be put out to tender and a contractor will be selected to develop the phase.