(Sunday, December 30, 2018)
16:01
The National Iranian South Oil Company (NISOC) is preparing to finalize 8 oil production maintenance and enhancement packages by the end of the current calendar year to March 20 2019, the company’s CEO said.
This would include holding licensing rounds for the projects
entailed in the packages, Shana wrote.
According to the company, Ahmad Mohammadi told a specialized
meeting concerning the packages for bolstering and maintaining production at 28
oil reservoirs operated by the company, that NISOC was serious in finalizing at
least 8 of the packages by the end of the year.
He also expected that production from 28 reservoirs of the
company would increase by the end of the year.
The National Iranian Oil Company (NIOC), with emphasis on
accelerating the completion of packages and holding licensing rounds in the
form of EPC/EPD contracts, with the purpose of increasing employment and
dynamism of the labor and goods market in the country, particularly in
Khuzestan Province, has tasked NISOC with finalizing eight packages by the end
of this calendar year and choosing contractors for them so that at least 14
macro projects would begin during the first half of the next year, he said.
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