Offshore Magazine

Iran plans Caspian export pipelines

Social Tools

Share

Offshore staff

TEHRAN -- Iran will shortly issue a tender for construction of a new oil export pipeline from the Caspian Sea to the Persian Gulf.

Deputy Oil Minister Nureddin Shahnazizadeh, speaking in Moscow, said that the 970-mi (1,561-km) pipeline would transport 1 MMb/d from the Iranian port of Neka on the southern Caspian coast to Jask in the Gulf of Oman.

According to Iran’s Petroenergy Information Network (Shana), the tender will be opened to international companies, including Russian contractors, with a targeted start-up in 2012.

Shahnazizadeh added that Iran’s five-year plan included another proposed pipeline scheme to transport gas from Turkmenistan to the Persian Gulf.

06/24/2009

Most Recent Content

Venari Resources receives $1-billion investment from private equity firms

Venari Resources LLC has announced that Warburg Pincus, Kelso & Co., Temasek, and The Jordan Co. have agreed to make an investment of up to $1.125 billion in the company.

Sterling prepares Romanian offshore drilling line-up

Sterling Resources expects to drill its first exploratory wells later this year in the Black Sea offshore Romania.

Partners agree timing for Norway well

Rocksource and the PL 506S, BS, and CS partnership in the Norwegian North Sea have committed to drill an exploration well during the first half of 2013.

Technical issues halt North Sea Timon drilling

Awilco Drilling has suspended drilling operations on the Timon exploration well in the UK northern North Sea.

Plant modifications slow progress on UK Breagh gas project

RWE Dea’s Breagh gas development in the UK southern North Sea will likely incur cost and schedule overruns, according to partner Sterling Resources.

Offshore Magazine