joint fields

Oil ministry is not still definite about giving development project of Yadavaran and North Azadegan oil fields to Chinese companies. In an exclusive interview with IRNA on Saturday, Managing Director of National Iranian Oil Company (NIOC) Ali Kardor said the decision to give the two projects to Chinese firms is not fixed yet. He said NIOC is still considering the proposed plans by Chinese companies. He added according to the existing contracts, Chinese firms have been given priority in developing the second phases of the two oil fields, but nothing…

The official in charge of the project for development of North Yaran field, Arash Baqerzadeh told Petro Energy Information Network (Shana) that all activities for tentative operation of North Yaran field are underway and By September 2015, 30,000 bpd crude will be extracted from North Yaran common field. Baqerzadeh said that in August, activities will start for tentative operation of the common field and based on the schedule, 30,000 bpd oil will be extracted from the common field. He added: long lead items including valves are being delivered to the…