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Three major Russian oil companies have submitted their plans to the National Iranian Oil Company (NIOC) to develop Iran`s oilfields. the oil ministry announced.
Russian energy companies Zarubezhneft. Gazprom Neft and Lukoil have voiced their readiness to help Iran develop its oilfields.
Zarubezhneft representatives outlined their plans to increase the recovery rate of oil from the Aban and West Paydar fields. the ministry said.
Iran has signed a memorandum of understanding with Zarubezhneft to study the two fields which Iran shares with Iraq.
The Russian company signed another MoU with the National Iranian South Oil Company (NISOC) in July this year to conduct technical studies on the Shadegan and Rag Sefid fields.
Rag Sefid was discovered in 1964 and is estimated to hold 16.5 billion barrels of reserves. Production from Shadegan near Ahvaz started in 1988 and the field is currently producing 70.000 barrels of oil a day.
Last month. Turkey’s Unit International signed a $7 billion agreement with Zarubezhneft and Iran`s Ghadir Investment Holding to explore oil and natural gas development opportunities in Iran.
Gazprom Neft has also submitted its plan to develop Changouleh and Cheshmeh Khosh fields under an MoU signed with NIOC in December last year.
Located 80 km northwest of Dehloran city. the Changuleh oil field is situated in the Northwestern part of the North Dezful basin in the Lorestan province.
Lukoil and Indonesia’s Pertamina individually proposed plans to develop the Bangestan reservoir of the Mansouri oil field southeast of Ahwaz.
