Gulf Oil and Gas accountACCOUNT

ICOFC Projects Up for Grabs by Investors

Source: www.gulfoilandgas.com 10/9/2017, Location: Asia

Share |
The Iranian Central Oil Fields Company (ICOFC) has pitched a new investment package worth over $5.5b to potential investors. The package includes construction of new gas pressure stations at Kangan, Homa, Varavi, Nar and Sarkhoun fields, said Director of Planning at ICOFC Shahryar Aghaei.

Aghaei added that developing Halegan, Sefid Zakhour, Sepid Baghoun, Dey, Madar, Aghar, Tabnak, Pazan, Khatang and Gordan gas fields are also included in the package.

Other ICOFC projects seen in the package are development of Aban, Paydar, West Paydar, Danan, Cheshmeh Khosh, Dalperi, Naft Shahr, Soumar, Dehloran and Khayyam oilfields.

He said the project to design, construct and install the processing units of the gas section of Farashband Gas Refinery for refining 20 mcm/d of natural gas from Aghar Gas Field has made 30% progress so far, adding another project the company is engaged with is a plant to collect associated gases and their injection to Cheshmeh Khosh oilfield which has made "considerable" progress so far.

The ICOFC official also said that appraisal studies over construction of pressure stations at Homa field are being carried out, adding the project is aimed at maintaining production of 18 mcm/d of gas from the field in summer and production of 22 mcm/d of gas in winter.

Investment News in Iran >>

South Korea >>  12/11/2017 - Total Petrochemical, a 50/50 joint venture between Hanwha and Total, will invest more than $300 Million to expand its integrated refining & petrochemi...
United Arab Emirates >>  12/11/2017 - TechnipFMC officially opened its fully capable Surface International Facility in ICAD II as part of its continued investment in the UAE to reinforce T...

United States >>  12/6/2017 - Petrochemicals company Saudi Basic Industries Corp 2010.SE is considering several possible investments in the United States, while state oil giant Sau...
United States >>  12/6/2017 - Chevron Corporation announced a 2018 capital and exploratory spending program of $18.3 billion. This figure includes $5.5 billion for the company’s sh...

Egypt >>  12/4/2017 - Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, offici...
Romania >>  12/4/2017 - ADX Energy has signed an agreement with Reabold Resources to invest US$2 million in the recently incorporated Danube Petroleum, currently a wholly-own...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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 |

More News

 

Oil & Gas Companies in Iran >>


Related Links

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