Hamid Deris, the NISOC's director for
technical affairs, said his company has so far signed 5 memoranda of
understanding (MoUs) with several companies for development of the field of
which 3 have so far presented their proposed development plans.
He said a master development plan is being
provided based on the proposed plans submitted by the candidate developers for
NISOC and Zarubezhneft signed an MoU in
July for the latter to carry out projects about developing Iran's Shadegan
The Shadegan oil field is an oil field
located in Khuzestan Province, in the south west of Ahvaz City. It was
discovered in 1968 and the production was started after installing production
facilities in 1988. The field has 23 km in length 6 km in width and includes
two Asmari and Bangestan reservoirs and currently with 20 active wells, oil
production is about 69,000 barrels per day (11,000 m3/d).
JSC Zarubezhneft is a Russian state-controlled oil company based in Moscow that specializes in exploration, development and operation of oil and gas fields outside Russian territory. Sergey Kudryashov is the company's General Director and Nikolay Tokarev is chairman of the board.