Middle East Economic Survey
VOL. XLVIII
No 47
21-November-2005
IRAN
Pedco Preparing To Begin Development Drilling In South Pars Oil Layer
PetroIran Development Company (Pedco) plans to spud the first development well in the oil layer of the offshore South Pars field by the end of November. Pedco was awarded the development buyback contract for the Pars oil project earlier this year by the National Iranian Oil Company (NIOC), and plans to install facilities initially with capacity to produce 35,000...
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