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South Azadegan joint oil field development and the central Treatment Export Plant (CTEP) contract was signed.

  South Azadegan joint oil field development and the central Treatment Export Plant (CTEP) contract was signed.

Contract Signing ceremony for completing the development of South Azadegan joint OilField and CTEP construction with general contractor (GC) in the presence of Oil Minister and Managing Director of National Iranian Oil Company, between the Petroleum Engineering and Development Company (PEDEC) and petropars held.

According to a report released by the International Affairs and Public Relations departement of petropars group ,Touraj Dehghani, PEDEC CEO, and Hamid Reza Masoudi, the CEO of Petropars Group signed the document in Tehran on  this ceremony, today, 20 July, a major step was taken the development of South Azadegan oil field.
with the signing of these two contracts The project entails drilling 35 wells, installation of 50 downhole ESP pumps, completion of 8 multi-ways, completion of two intermediate separation plants, construction of 328 km of flow pipelines, 45 km of communication pipelines and 65 km of gas and crude oil transmission pipelines from the CTEP to the West Karun Pumping House and NGL 3200.
The parties also signed a $280 million contract for the construction of a CTEP (with a daily processing capacity of 320,000 barrels); the largest oil and gas processing unit in the country and
Must provide engineering services, procurement of equipment, work packages and activities, and installation and implementation units.
It is important to note the
South Azadegan Oil Field with the 1128 Sk is Located 80 kilometers west of Ahvaz, near the iraqi border.

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Established in 1998, Petropars Ltd. (PPL) was founded in order to contribute towards the development of Iran’s vast energy resources PPL specializes as a developer of exploration exploitation and production in upstream projects... Read more