Middle East Economic Survey
Zanganeh Inaugurates Soroush/Nowruz Fields
Iranian Minister of Petroleum Bijan Zanganeh on 26 July inaugurated the Soroush and Nowruz fields offshore production facilities, after an $800mn development under a buyback contract by Shell. The start of commercial oil production followed a month of test output, after commissioning was interrupted for the replacement of a faulty pressure vessel (MEES, 2 May). While the two fields have a...