Middle East Economic Survey

VOL. XLVIII

No 51

19-December-2005

IRAN

Pedco Prepares To Drill In Hengam Field

PetroIran Development Company (Pedco) is preparing to drill an appraisal well in the offshore Hengam gas/condensate field, part of a shared structure which is known in Oman as West Bukha. National Iranian Oil Company (NIOC) Pedco Managing Director Mostafa Khoei announced on 13 December that Pedco had mobilized the Fortuna jack-up rig to the field under a six-month charter from Romanian state...