MoU on study for developing Azadegan oil field inked

Tehran (IP) - The memoranda of understanding on the study for developing the Azadegan oil field was inked between the National Iranian Oil Company and Iranian exploration and production companies.

Iran PressIran news: In a ceremony attended by the Oil Minister Bijan Zangeneh and the National Iranian Oil Company CEO on Monday, study agreements for the development of the Azadegan joint field were signed between the National Iranian Oil Company and five Iranian exploration and production companies.

These three memoranda of understanding are between the National Iranian Oil Company and Persia Oil and Gas Development Company to study the development of the northern part of Azadegan field, the National Iranian Oil Company, and Petropars, and Petro Iran Development companies to study the development of the central part of Azadegan field, and the National Iranian Oil Company and Pasargad Energy Expansion and Dana Energy Company to study the development of the southern part of Azadegan oil field.

With 1,500 square kilometers, located near the Iraqi border and about 80 kilometers west of Ahvaz, the Azadegan oil field is the largest joint oil field in Iran.

During the ceremony, the executive operation of the gas production maintenance plan of Homa, Varavi, and Tabnak fields in the area of the Central Iranian Oil Company commenced by establishing a connection with the project site in the south of Fars Province.

Homa, Varavi, and Tabnak fields in the Parsian operational area of the South Zagros Oil and Gas Exploitation Company are located near the cities of Parsian, Lamerd, Khan, and Mohr.

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