PEDEC

The North Yaran field development is the first completely Iranian buy-back project which is planned to produce 30,000 barrels per day of crude oil in second half of this year. Buyback contract is a bilateral contract. Rights and obligations related to the sale of equipment and Technology in the initial contract and the obligations arising from the use of equipment related to sales of the product obtained above buyback will be included in the contract. According to public relations of ministry of petroleum, April performance report of the project indicates…

Client: Sarvak Azar Engineering Development (SAED) Type of project: supervision Location: 20 Km Southeast of Ahvaz Brief description of project goals: Daily production 65,000 barrels oil includes 30,000 daily production barrels oil early production (EP), and 65,000 barrels oil in the final production (EP). Description of field: Drilling of oil field of Azar includes 3 separator packages just EPDS that offered to contractors. Each package includes drilling engineering services, supply of goods, providing drilling services, transportation services, operation base preparation, and well completion. Totally 19wells will be repaired and drilled.…