Jul 13, 2014, 2:39 PM
News Code: 2721138
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Petroiran completes work in Forouzan field

Tehran, July 13, IRNA - The Petroiran Development Company has fulfilled its obligation by completing the project for development of the Forouzan oil field which Iran shares with Saudi Arabia, said a company's official.

Mehdi Haji-Hosseinzadeh said that Petrorian has fully honored its commitments in this project, SHANA reported on Sunday.

He said Petroiran’s activities included designing, construction and installation of FZ-A processing platform, FY-A living quarter platform and subsea pipeline.

He said the construction of FZ-A platform took one year, adding that the pipe-laying operations were accomplished with the help of the Iranian Offshore Oil Company (IOOC).

Forouzan field is located 100 kilometers southwest of Kharg island. Production from this field is expected to double in 2016. By transmitting associated gas produced in this field to Kharg island, 200 mcf/d of gas will not flare off.