Tag Archives: Offshore

Iran is reportedly engaged in swap negotiations with Russia. Turkmenistan. Kazakhstan and Azerbaijan.

The company is expected to launch the platform of phase 22 of the gas field which is shared by Iran and Qatar. by June.

The $300-million FPSO unit was built in Singapore and will be deployed above the South Pars'. oil layer in the near future.

.The oil layer is projected to hold heavy crude with an API gravity of 8-16

.The volume of gas in place (GIP) of the field is estimated at 42 to 56 TCF

Iraq has been the main cause of worry for energy investors ever since OPEC agreed to cut its production in November last year

.Pasargad will have six months to complete its studies and submit a development plan

.NIOC signed a heads of agreement (HOA) with Total in November for development of South Pars Phase 11

.The agreement on development of phase 11 of South Pars Gas Field is valued at 4.8 million dollars

SOCAR produced 6.27 billion cubic meters of gas from the country’s offshore and onshore fields using its own funds in 2016.