SearchIran ramps up Salman field - OE Digital

Iran ramps up Salman field - OE Digital...
oedigital.com 06/08/2015 News

Keywords:#Arab, #Emirates, #IOOC, #Iran, #Iranian, #Iranian_Offshore_Oil_Co, #Islamic, #Islamic_Republic, #Lavan, #Oedigital.com, #Offshore, #Persian, #Persian_Gulf, #Sanctions, #UAE, #United_Arab_Emirates

An official at the Iranian Offshore Oil Co. (IOOC) says the company has succeeded to increase crude oil production from Salman oil field in the Persian Gulf, which Iran shares with the United Arab Emirates (UAE).
Sanctions on Iran’s oil production are due to be lifted after the country and six world powers finally reached a deal over the country’s nuclear program last month.
The agreement, reached after two years of discussions, following a 12-year stand off and increasingly tough sanctions against the Islamic Republic, will see Iran curb its nuclear program in return for the easing of sanctions.
Abbas Rajab-Khani, official in charge of the IOOC’s operations in Lavan region said on Tuesday that the production hike on Salman came after the company took steps for the development of the field.
According to the official, drilling new wells and repairing inactive wells for new production were among major steps taken by the company to develop the offshore field.
Rajab-Khani stated that in line with the company’s plan, three drilling rigs are currently operating in the field, drilling new wells or repairing wells that are not currently producing oil.
He said five new wells have been already drilled in the field, adding that after completion of the fifth well, production from the joint field has increased by 7000 b/d.
During recent years, Iran has been taking steps to development hydrocarbon fields it shares with neighboring countries, especially those located in the Persian Gulf.
Salman oil field is located near the Iranian island of Lavan in the Persian Gulf. About 70% of the field is owned by Iran and the remaining 30% is under ownership of the UAE.
In-place reserves of the field have been estimated at about 4.5 billion bbl, with 1.6 billion bbl recoverable.
---An official at the Iranian Offshore Oil Company (IOOC) says the company has succeeded to increase crude oil production from Salman oil field in the Persian Gulf, which Iran shares with the United Arab Emirates (UAE).---
...

Read more from Source »

Related articles based on keyword density
Iran’s water crisis the product of decades of bad planning - The Washi...
washingtonpost.com 03/07/2014 Nature
By Jason Rezaian July 2 at 7:00 AM Follow @jrezaian TEHRAN — Iran is headed for a water shortage of epic proportions, and little is being done to re...View Details»

GLOBAL TOP 1000 WEBSITES 2016 – Ratak IT...
ratak.ir 16/03/2017 News
Ratak introduces global Top Websites of 2016 Data for table Top201702 1 1host2u.ir 1host2u.ir,Abarkooh,Armenia,Bahram 2,Bahram 3,Britain,Caesar,Carus,...View Details»

Dubai hosts conference on Iran investment ...
presstv.com 14/06/2015 Economy
*** File photo shows a container being loaded onto a truck in the Arvand Free Trade Zone in southwestern Iran. An international conference on the inve...View Details»

Oman's Smugglers Await the Return of Iranian Sanctions...
maritime-executive.com 16/11/2017 Economy
[By Alexander Balas] In 2017 the waters of the Persian Gulf are still choppy. There is U.S. President Donald Trump's choice to decertify the Iran nucl...View Details»

Tehran Rejects PGCC Statement on Iran’s Persian Gulf Islands ...
tasnimnews.com 01/09/2014 News
TEHRAN (Tasnim) – Iranian foreign ministry spokeswoman dismissed the Persian Gulf Cooperation Council’s (PGCC) latest statement about Iran’s three Per...View Details»


EOF