Tag Archives | Hengam field

Iran saves $300m/y in Hengam Gas Processing Project: CEO

The managing director of the Iranian Offshore Oil Company (IOOC), Hamid Bovard, says the gas processing complex of Hengam Oilfield will save Iran over 300 million dollars annually, once fully operational. The daily cost-saving of the project will be more than $700,000 per day, he said. Addressing the opening ceremony of the gas processing complex, […]

Iran Launches Hengam Gas Processing Complex

Iranian President Hassan Rouhani has officially inaugurated the gas processing complex at the Hengam Joint Oilfield. The plant can process 80 mcm/day of natural gas which was previously flared. Iranian contractors, manufacturers and advisors developed the complex whose return on investment will be less than a year. The project generates $700,000 per day of revenues […]

Countdown to Launch of Hengam Gas Treatment Facility

The Iranian Offshore Oil Company (IOOC) will launch the gas processing facilities of Hengam joint gas field soon, IOOC managing director said. According to the company, Hamid Bovard, the IOOC managing director, said the plant is being launched in line with the Economic Resilience policies of the Islamic Republic of Iran with the aim of […]

Pre-Startup of Hengam Gas Processing Facility

An official with the Iranian Offshore Oil Company (IOOC) said the pre-startup of gas processing facilities of Hengam joint gas field has begun and the countdown has started for the facility’s official inauguration. Shahsavar Arghash, director of Qeshm Island Operations at IOOC, said the facility has been developed with 80 million cubic meters of gas […]

Iran, Norway in Oil Talks

Norway’s oil industry can invest in Iran’s upstream development projects and also collaborate with Iranian companies to adopt enhanced oil recovery (EOR) methods to boost recovery rate from Iranian oilfields, an official says. Gholamreza Manouchehri, deputy head of National Iranian Oil Company (NIOC), made the statement while addressing a panel on “Iran and Norway Upstream […]