The first phase development project of Azar Oilfield will be complete with 65,000 b/d of crude oil production capacity.
The CEO of the Petroleum Engineering and Development Company (PEDEC) said that development of the field has had acceptable oil production over the past two years and its productivity would increase by the end of the current calendar year to March 20, 2020.
Touraj Dehghani said that about 18 wells were almost ready for production in the field which would start production once processing units became operational.
Maximizing local resources for developing the project has been one of the key concerns of PEDEC in the project, he added.
Afire in a canal carrying waste from the Abadan Oil Refinery was doused without fatalities on Sunday.
MAGMA introduces its new release MAGMASOFT® 5.4.1, which offers numerous new capabilities and improvements for virtual prediction and optimization for all casting processes, including continuous casting and core production.
Vesuvius was recently presented with a 30-year milestone award by Lloyds’ Register (LR), the leading global business certification and customised assurance business, to celebrate its commitment to quality management systems.
In this case, a leading grey and ductile iron foundry experienced some defects. They specialise in producing automotive, agricultural, earthmoving and engineering castings for the global market. Previously they worked with a competitor’s inoculants and nodularisers. They experienced issues with machining their cast products.
From the concept to the finished process with the digital twin Fill Machine Engineering presents end-to-end digitalization in metalworking at EMO 2019.
Iranian Minister of Petroleum Bijan Zangeneh said there had been talks with a number of domestic firms to develop the South Pars Oil Layer (SPOL), however no results have been obtained so far.