NEWS
Offshore  

Renewed Interest in Offshore Exploration

Oil exploration in the Persian Gulf is now on the agenda of the National Iranian Oil Company's exploration department that is why "Sahar 1" drilling rig will be employed to expand explorations in the region, Saleh Hendi, director of drilling operations at NIOC said Monday.

The department and North Drilling Company signed a contract based on which the latter will provide NIOC with a jack-up offshore drilling rig for two years, Shana reported.

"NIOC has widened the scope of exploration activities in the Persian Gulf," Hendi noted, adding that oil/gas exploration in the strategic waterway is of high significance. Commenting on offshore drilling as per the contract with NDC, the official said plans are in place to drill at depths of 1,350 meters up to 2,000 meters.

"Initially, one well will be drilled in one of the joint oilfields in the Persian Gulf and priorities of exploration in the zone will be announced gradually."

Pointing to NIOC plans for oil exploration in the Sea of Oman, he noted that an oil well is to be drilled in the area by end of the sixth economic development plan (2016-21), which will mark a new chapter in NIOC exploration activities. According to NDC managing director, Hamidreza Golpayegani, Sahar 1 drilling rig is in South Pars region and as soon as it ends its operation in the zone, it will start drilling in the Persian Gulf within four months.

Golpayegani added that the NDC has drilled 115 onshore wells as well as 113 offshore wells in the Persian Gulf and in areas bordering Turkmenistan in the Caspian Sea.

Comments:

Leave a Comment:

   
   
   
 

Iran Has No Plan to Increase Oil Production in Next 12 Months

Iran does not intend to increase crude output in the next fiscal year that starts on March 21, the National Iranian Oil Company’s managing director said on late Friday.
 

937 Mineral Exploration Permits in 10 Months

The Ministry of Industries, Mining and Trade issued 937 permits for mineral exploration during the 10 months to Jan. 20, registering a 53% rise compared with last year’s corresponding period. Iran is home to around 10,000 mines, only 6,000 of which are operational.
 

NIDC, OIEC Sign MoU on Energy Cooperation

The National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, signed a memorandum of understanding on Monday with the Oil Industries Engineering and Construction Company to cooperate in oil and gas development projects.
 

Over 700 Mineral Exploration Permits Issued

The Ministry of Industries, Mining and Trade issued 702 mineral exploration permits during the nine months to Dec. 21, 2017, indicating a 27.9% rise compared with last year’s corresponding period.
 

LPG Loading Pier Under Construction Near Asalouyeh

In line with plans to boost liquefied petroleum gas exports, work is underway to build an exclusive loading pier for liquefied petroleum gas, or LPG, at Tombak Port, approximately 50 kilometers north of the port of Asalouyeh in southern Iran, an official at Pars Oil and Gas Company said.
 

South Pars Phase 14 Launch in February

Early production from South Pars Gas Field's Phase 14 in the Persian Gulf is planned to start in mid-February, the director of the phase said this week.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners