IOOC to increase oil rigs in joint fields

TEHRAN, Dec. 13 (MNA) – IOOC managing director referred to the addition of a new drilling rig to the developmental plan of Iranian oil and gas fields in the Persian Gulf announcing the plan to increase the number of rigs in joint oil fields.

Director of the Iranian Offshore Oil Company (IOOC) Saeid Hafezi described plans to retain oil production in the Persian Gulf’s joint fields asserting “due to limited financial resources and the number of offshore rigs, the first priority is to develop and maintain oil and gas in joint fields with UAE and Saudi Arabia.”

Announcing that three drilling rigs are simultaneously working in Salman joint oil field, Hafezi added “the development of Salam Oilfield has been put on the agenda in addition to keeping its current oil and gas production.”

He stressed that the greatest number of offshore rigs are operating in Forouzan and Salaman joint oil fields; “despite the low internal potential of offshore fields, IOOC has prevented any sort of drop in production in joint fields,” maintained Hafezi.

“The policy of National Iranian Oil Company (NIOC) is to incorporate Iranian drilling rigs,” said IOOC managing director stressing “accordingly, the first tender for the lease of an offshore rig was held where a private drilling company won against four other companies after the technical and financial stages were carried out.”

Hafezi highlighted that the private company’s drilling rig will soon start activities in the Persian Gulf’s oil and gas projects; “a second tender has been published and will be held in near future in order to increase the number of IOOC’s working rigs,” he concluded.

 

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News Code 112774

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