Project Profile
Latest information for the Hangam oil field
Project details:
Value: Undisclosed
Location: Strait of Hormuz, offshore Iran
Reserves: 700 MMbbl of oil and 2 tcf (55 bcm) of natural gas
Area: unknown
Start-up Year: -
Iranian Offshore Oil Co. (IOOC) plans to increase production from the offshore Hangam oil field in the Strait of Hormuz. A new pipeline to shore-based process facilities will allow the Hangam offshore complex to produce more than the current 20,000 b/d. Production of gas from the field could also be doubled. Hangam is estimated to hold in-place reserves of more than 700 MMbbl of oil and 2 tcf (55 bcm) of natural gas.
Operators:
Iranian Offshore Oil Co. (IOOC): Operator with 100% interest