Middle East Economic Survey
VOL. XLVIII
No 31
1-August-2005
IRAN
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...
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