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Royal Dutch Shell on Tuesday presented its development proposal to Iran`s Petroleum Engineering and Development Company for Kish Gas Field in the Persian Gulf.
Hans Nijkamp. vice president of Shell. elaborated on development plans in a meeting with Noureddine Shahnazi-Zadeh. chief executive of PEDEC. and Gholamreza Manouchehri. the deputy for development and engineering at the National Iranian Oil Company. Shana reported.
A memorandum of understanding was signed between NIOC and Shell in December to conduct technical studies on the field.
Based on the agreement. the Anglo-Dutch company was required to complete surveys and come up with a development proposal for the field in six months.
Shell submitted a proposal for developing Azadegan and Yadavaran oilfields south of Iran last month. Azadegan. a giant oil reservoir at the Iran-Iraq border. has been singled out as the first oilfield to be tendered within the framework of Iran Petroleum Contract. the country`s new. more attractive contractual model for implementing upstream petroleum projects.
