VOL. XLIII

No. 25

19-June-2000

IRAN/OMAN

Iran And Oman Agree On Joint Development Of Hengam/West Bukha Structure

Iran and Oman have agreed on the joint development of a gas/condensate discovery that straddles the offshore boundary between the two countries in the Gulf, known as Hengam in Iranian waters and West Bukha in Oman. Sydney-based operator Novus Petroleum produces some 40mn cu ft/day of gas, 2,700 b/d of condensate and 900 b/d of LPG from the field, which is located about 20km from the...