Project Profile
Value: unknown
Location: 100 km northeast of Mashhad, Iran
Reserves: 60 billion cubic metres of gas
Production: 4 million cubic metres of gas per day
Start-up Year:
The Toos Gas Field is located 100 km northeast of Mashad and holds over 60 billion cubic metres of gas and has the potential to produce some 4 million cubic metres of gas per day. In April 2016 Saipem SPA entered a memorandum of understanding (MOU) with Razavi Oil & Gas Development Co., Tehran, for a joint partnership in the development of Toos Gas Field. The development of the project would involve the drilling of 5-7 wells and design and construction of production, transportation, and processing facilities. The two companies have agreed on developing both the upstream and downstream sectors of the gas field.
Operators:
Saipem SPA: Joint Operatorship with 50% interest
Razavi Oil & Gas Development Co: Joint Operatorship with 50% interest
Contractors:
Subcontractors: