Project Profile
Value: US$350 million
Location: 110 km southeast of Shiraz, Fars province
Peak Production: 25,000 barrels a day
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:
Joint Venture for EPC contract:
Oil & Energy Industries Development Company (OEID)
Oil Design & Construction Company (ODCC)