IOOC signs contracts for improved oil recovery at Sorush offshore Iran

Offshore staff

TEHRAN, IranIranian Offshore Oil Co. (IOOC) and the Tabriz-based Sahand Technical University have signed their first contract for a study on improved recovery at the Sorush oil field in the Persian Gulf.

In addition, both signed a separate contract with Dutch geoconsultant PanTerra to act as foreign partner.

An IOOC official told news service Shana: “The field’s recovery is naturally 5% which after carrying out IOR projects using updated technologies could rise to 10-15%, equivalent to 1-1.5 Bbbl of oil in addition to its natural output.”

The technological development of five offshore fields – Sorush, Noruz, Dorud, Salman, and Frouzan – under IOOC’s management is taking place under an agreement between National Iranian Oil Co. and academic research centers, and is due to be completed in 10 years, he added.

03/18/2016

Share your news with Offshore at news@offshore-mag.com

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

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

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 ...