Iran sanctions new wave of platform construction

Forouzan oil field

Offshore staff

TEHRAN, Iran – New development projects are under way on two offshore Iranian fields in the Persian Gulf, according to news service Shana.

The development operator of the Forouzan oil field has started building two new platforms and has ordered various other equipment items. A South Korean contractor is building the FZA and LQA platforms.

Official Ebrahim Delavaran Shiraz said the two platforms would double Forouzan’s production capacity, with one providing pressure boosting. Construction should finish in early 2016.

Iranian Offshore Oil Co. has commissioned Iran Shipbuilding & Offshore Industries Complex Co (ISOICO) in Hormuzgan province to build three more platforms for the Hangam oil field.

ISOICO managing director Hamid Rezaeian Asl said each 1,500-ton structure will take 20 months to complete, at a total cost of $20 million. The contractor has already built the jackets.

11/26/2014

Hangam oil field

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...