Gulf Oil and Gas accountACCOUNT

Iran, India Probably Part Ways on Farzad B

Source: www.gulfoilandgas.com 9/6/2017, Location: Asia

Share |
Iran has started preliminary talks with Russians to develop Farzad B but negotiations also carry on with the Indians who have long coveted the giant gas field, Iranian Oil Ministry stated.

“For the development of the Farzad B field, we are pursuing three separate paths in parallel, but none of the options is definite yet,” director of the integrated planning at the National Iranian Oil Company (NIOC) Karim Zobeidi said on Monday.

The third path is the implementation of a development study plan in cooperation with a foreign consultant and Iran’s Petropars Company, the official explained.

Zobeidi said negotiations with the Indians have not achieved satisfactory results but they have not stopped either and that Iran was pursuing preliminary talks with a Russian company as the second path.

“Along these two routes, the study of the development of Farzad A and B and the feasibility of the injection of gas from these fields into Aghajari (oil field) in cooperation with a foreign consultant and Petropars company is in progress,” he added.

Indian companies discovered the Farzad B gas field in Iran in 2008 and have bid several times for the development rights and they were supposed to develop the field after its exploration, but they stopped their activities after the West deraconian sanctions on Iran in 2012.

In the absence of an agreement between Iran and India, the development plan for Farzad B will be put to international tender.

In May, Minister of Petroleum Bijan Zangeneh announced that Iran had signed a basic agreement with Russia’s energy giant Gazprom over the development of Farzad B.

Development News in Iran >>

United Kingdom >>  1/18/2018 - Egdon Resources plc (EDR) can advise the forward plan for the Wressle oil field development following the decision made by the Planning Inspector issu...
Netherlands Antilles >>  1/16/2018 - Tulip Oil Netherlands Offshore B.V. (Tulip Oi), a wholly owned subsidiary of Tulip Oil Holding B.V., is pleased to announce the Final Investment Decis...

Iraq >>  1/14/2018 - The petroleum contracts & licensing directorate of the ministry of oil declared the qualification of 5 different international companies, from 8 compa...
Egypt >>  1/10/2018 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mrs. Maria Moraeus Hanssen, CEO of the German company DEA and the accompanyi...

Mexico >>  1/10/2018 - Byron Energy has announced that the Byron operated OCS G-34266-F3 development well ('F3') is currently, at 3 PM Tuesday, 9th January 2018 USA Central ...
Tanzania >>  1/8/2018 - Aminex is pleased to provide the following operations update on its assets in Tanzania. ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Iran Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 |

Oil & Gas Projects in Iran >>

More News

 

Oil & Gas Companies in Iran >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.