Middle East Economic Survey

VOL. LIV

No 3

17-Jan-2011

IRAN

IOOC Plans Expansion Of Hendijan Output

The Iranian Offshore Oil Company (IOOC) announced on 7 January that it plans to drill eight development wells in the Hendijan offshore oil field in a bid to raise production capacity from 5,000 b/d to 25,000 b/d. Mehr News Agency quoted IOOC official Hamid-Reza Karimi as saying that a drilling rig would be mobilized to the field in mid-January. Hendijan was brought into production in 1971 and...