IRAN

 

Iran Struggles To Develop Shared Oil Field With Qatar

The South Pars oil layer – a structure that Iran shares with Qatar, where it is known as al-Shaheen – is producing less than the target of 35,000 b/d of crude, the oil department of the General Inspection Organization of Iran has reported. MEES learns that commercial production has not started. The development contractor, state-owned oil services firm PetroIran Development Company (Pedco), is thought to lack the...