Middle East Economic Survey

VOL. LIII

No 18

03-May-2010

IRAN

IOOC Announces Start-Up Of Hengam Production

Mahmoud Zirakchianzadeh, Managing Director of the Iranian Offshore Oil Company (IOOC) subsidiary of the National Iranian Oil Company (NIOC), told Mehr News Agency on 24 April that IOOC has completed the first phase of development of the Hengam gas/condensate field. Hengam is part of a structure which extends into Omani waters, where it is known as West Bukha. Condensate output was said to...