Project Profile
Value: US$300 million
Location: 20 km north of Sarvestan field, Fars province, Shiraz province
Production: 10,000 bpd
Start-up Year: 2012
The project will see installation of an early production facility (EPF) at the oil field in the Shiraz province of central Iran. The field was originally expected to come on-stream in 2011, producing 15,000 bpd of crude oil. The capacity gradually increased to a maximum of 25,000 bpd as feedstock for the nearby Shiraz refinery. The development also includes oil processing facilities, well installations, drilling of seven new wells and export pipelines.
Operators:
Iranian Central Oil Fields Company (ICOFC): Operator with 100% interest
Contractors:
Oil & Energy Industries Development Company (OEID): EPC contract
Oil Design & Construction Company (ODCC): EPC contract