NOURNEWS- The National Iranian Oil Company signed four contracts with domestic companies to drill 35 infill wells in the South Pars gas field, said the NIOC managing director on Monday.
The $1.17 billion contracts awarded to four Iranian drilling, exploration, and production companies are aimed at enhancing productivity and maintaining gas production in this field, Mohsen Khojasteh-Mehr added.
Supervised by the Pars Oil and Gas Company (POGC), the projects will be carried out within three years, the NIOC CEO continued.
The megaprojects will not only help develop the country’s gas industry and economy but also create job opportunities and promote domestic capabilities, the deputy oil minister underlined.
According to Khojasteh-Mehr, similar contracts will be awarded to qualified Iranian companies soon.
NOURNEWS