Brief Introduction
MIS oilfield is located in the central part of a fold-and-thrust belt of the Zagros Mountain in the Persian Gulf, and has been developed for many years. In May 2004, CNPC acquired the MIS Oilfield and currently has a 75% holding in the project, while NESCO owns the remaining 25%.

On August 20, 2007, CNPC received a notice from National Iranian Oil Company (NIOC) that approved the Supplementary Agreement of the Iran MIS project contract. This marked the beginning of the term of the MIS project. Drilling of well V-1, the project's first exploration well, started in November 2007.

In 2009, the central processing station of MIS oilfield enjoyed smooth sailing, and the marginal Asmari formation showed great potential through reservoir research.

In 2016, the restoration of Iran's MIS project proceeded smoothly.

Contractor
HBP entered Iran market in 2011, won the bid for the EP engineering of Iran MIS oilfield development project and provided 24 pieces (sets) of main oil and gas process equipment in complete sets to the project