Gulf Oil and Gas accountACCOUNT

Gazprom Attempt to Contribute in the Development Project of Changuleh Oilfield

Source: 3/11/2017, Location: Asia

Share |
“Gazprom is willing to work with PEDEC in the two fields of Changuleh and Cheshmeh-khosh,” deputy managing director of Gazprom said. According to Petroleum, Engineering and Development Company (PEDEC) as quoted by SHANA, Yakovlev said that Gazprom Neft currently seeks the development of only two Iranian oil fields, but it is open to explore other areas of cooperation: “Only Changuleh and Cheshmeh Khosh for now,” Yakovlev said in an interview. “We are ready to consider other options … regarding the development of Iranian oilfields.”

Russia’s Gazprom Neft plans to present a preliminary plan for developing two Iranian oil and gas fields — Changuleh and Cheshmeh Khosh — in April, while the final proposal is expected to be presented by late July, Gazprom Neft’s First Deputy CEO Vadim Yakovlev said.

“We have signed a memorandum of understanding for the fields and the terms have been determined. We are expected to present a preliminary plan in April and the final one is expected to be presented in late July,” Yakovlev told reporters on the sidelines of the CERAWeek energy conference in Houston, Texas, Sputnik reported.

In December, Gazprom Neft, the oil arm of gas giant Gazprom, signed an agreement with the National Iranian Oil Company to conduct studies on the two fields.

Changuleh oilfield is estimated to hold more than 4 billion barrels of heavy crude in place. Iran hopes to start production from the oilfield at a rate of 15,000 barrels per day and boost output to 65,000 bpd under a five-year development plan.

Iran is also reportedly drawing around 18,000 barrels of oil and 3 million cubic meters of natural gas a day from Cheshmeh Khosh field which was commissioned over 40 years ago.

The announcement comes as Tatneft, Russia’s sixth largest oil firm, signed a preliminary agreement earlier in the week to study Shadegan Oilfield in southern oil-rich Khuzestan Province in six months.

Iran is reportedly set to hold the first international tender for its oil and gas projects in late March.

The NIOC has published a list of foreign companies declared as eligible for bidding in tenders. A total of 29 companies entered the list, including Russia’s oil majors Lukoil and Gazprom Neft.

But Iran’s top oil officials have said that more Russian companies are poised to qualify as the Oil Ministry is set to issue a second list of certified oil and gas companies for collaboration in Iran’s petroleum industry.

Household Russian names, such as Zarubezhneft, Tatneft and Rosneft, were left out of the shortlist at the expense of international oil majors such as France’s Total, Royal Dutch Shell, Eni and China’s CNPC and Sinopec.

In related news, Russia’s Energy Minister Alexander Novak said on the sidelines of CERAWeek conference on Tuesday that Moscow is close to finalizing a deal with Tehran on import of 100,000 barrels per day of crude oil.

“We hope to complete the required paperwork in the nearest future,” he said when asked when the agreement may be ready.

Development News in Russia >>

Norway >>  5/16/2018 - Wintershall has together with its partners Capricorn, Spirit Energy, Edison and DEA submitted the Plan for Development and Operation for its operated ...
Iran >>  5/13/2018 - A contract to develop Farzad B gas field will be signed with India in a close future. National Iranian Oil Company (NIOC) is negotiating with an Indi...

Iraq >>  5/11/2018 - LUKOIL and the Basra Oil Company signed a Development Plan of West Qurna-2 field that provides for an oil production plateau of 800 thousand barrels p...
Equatorial Guinea >>  5/10/2018 - Noble Energy, Inc. has executed, along with the Government of the Republic of Equatorial Guinea and necessary third-parties, a Heads of Agreement esta...

Iraq >>  5/7/2018 - Iraq’s state-run North Oil Company signed an agreement with BP to triple output from the Kirkuk fields in the north of the country, Oil Minister Jabar...
Morocco >>  5/7/2018 - Marubeni Corporation (Marubeni) has signed a Memorandum of Understanding (the Agreement) with BMCE Bank of Africa (BMCE) for the joint development of ...

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 

Russia 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 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 |

More News


Oil & Gas Companies in Russia >>

Related Links

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