Middle East Economic Survey


No 42



Hengam To Increase Output To 16,000 B/D

The Managing Director the National Iranian Offshore Oil Company (NIOOC), Mahmoud Zirakchianzadeh told state-owned news agency Shana on 9 October that a second production well is being drilled in the Hengam field, which is shared between Iran and Oman. It will increase Hengams output from 10,000 b/d to 16,000 b/d by the end of October. Once Phase 1 is completed production is expected to top...