VOL. XLIV

No 48

26-November-2001

IRAN

Shell Begins NewProduction From Iran痴 Soroush Field

Shellproduced first oil from the redeveloped Soroush field in the Gulf on 14November, following the installation of an early production system as the firstphase of a joint redevelopment of the Soroush and Nowruz oilfields. The twofields were badly damaged during the Iran-Iraq war of 1980-88, and the $800mnredevelopment project was awarded to Shell in late 1999 under a buybackcontract (MEES, 22 November...