Page 20 - MEOG Week 49

MEOG NEWS IN BRIEF MEOG

gas production capacity from SP22-24 would
soon increase from the current 42 mcm/d to
56 mcm/d.
Throughout this development project,
Iranian engineers handled the entire
design of offshore and onshore refineries,
installation of platforms and pipelines. It
may be concluded that about 63% of the
entire SP22-24 development project has been
fully implemented by Iranian engineers and
experts.
Until 2013, maximum recovery from South
installation of the fifth downhole pump in the struggling to agree whether to walk back from Pars stood at 280 mcm/d with 17 phases
field, and said considering that five more such the biggest-ever output cuts made earlier in semi-finished state. Now, the South Pars
pumps will be installed in the field by the end this year. A virtual meeting of OPEC oil output is 2.5 times higher.
of the current calendar year (March 20, 2020), ministers on Monday failed to reach an accord Over the past eight years, 17 phases
the upward trend of oil production in North on whether to maintain the current level of (12 refineries) have become operational.
Yaran will continue. production cuts, or proceed as planned with a Another key point is that of 37 active offshore
Speaking to Shana, Mohammad Ali Ajdari second easing of the restrictions. platforms in South Pars, 26 have been
added: “So far, ESP downhole pumps have A bigger meeting, including their nine installed over the past eight years, covering
been installed in wells No. 4, 5, 9 and 22 and non-OPEC allies, that was scheduled to 70% of offshore platform development and
suction rod pumps (SRP) have been installed take place on Tuesday was postponed until installation. Moreover, 228 wells out of a
in Well 14 of North Yaran Fields and two Thursday to give negotiators more time to find total 336 wells sunk in South Pars have been
drilling rigs are now located in the area and a way forward. Those private discussions may completed in the past eight years. Regarding
are working on wells 10 and 16 of the field.” be making progress, according to one of the pipelines, of a total 3,200 km of offshore
He said: “In addition to the five pumps delegates. pipeline, 2,160 km has been installed in recent
installed, according to the plan, five other BLOOMBERG years while 30 of 50 trains of refineries have
downhole pumps are to be installed and started operation over recent years.
commissioned in this field by early March. By Over recent years, increased international
increasing the number of pumps installed to GAS sanctions provided a chance for Iranian
10, the daily production capacity of the field companies to work further in the interest
will reach 25,000 barrels.” South Pars in final of Iran’s petroleum industry. Trust in these
According to the report, the North Yaran companies was symbolized in the awarding of
oil field development project was launched development stage EPC contracts in south Pars to domestic firms
back in 2016 with a daily production capacity within the framework of various consortia
of 30,000 barrels of crude oil. CEO of Pars Oil and Gas Co. (POGC) including Iran Marine Industrial Company
SHANA Mohammad Meshkinfam has said (SADRA), Iranian Offshore Engineering
development phases of the giant offshore and Construction Company (IOEC), Iran
US imports of Saudi crude South Pars gas field, except for Phase 11, Shipbuilding and Offshore Industries
would have been completed by March 2022.
Complex Company (ISCOICO) and Iranian
fall to 30-year low Iran is currently recovering 700 mcm/d of gas Industrial Development and Renovation
from South Pars, outdoing Qatar with which it Organization (IDRO).
American refiners received the least oil from shares the giant reservoir. It may be interesting to note that Iran is
Saudi Arabia since 1985 as a slump in volumes Recently, with the commissioning of now able to build offshore pipes, wellhead
shipped out by the desert kingdom in October platforms in SP22-24, gas recovery has platforms and even oil and gas processing
are finally reaching U.S. shores. enhanced 200 mcf/d. The agreement for SP22- platforms and refining facilities.
In October, Saudi Arabia sent just under 24 was initially signed in June 2010, but faced When development work started in the
100,000 barrels a day of oil to U.S. refineries delays for various reasons. However, under the 1990s in South Pars, Iranian companies used
as shipments to China surged at that time. administration of President Hassan Rouhani, to build platforms and jackets for Samsung,
Tankers from Saudi Arabia take about six the Petroleum Ministry pushed ahead with Total, Eni and other foreign companies for
weeks to reach either the Gulf or Pacific the project, leading to its inauguration last SP1 to SP9. But now the same companies are
coasts of the U.S. Hence, the delivery of just winter. leading the projects and handle all offshore
73,000 barrels a day to U.S. customers last The offshore section of SP22-24 is set to and onshore activities although they may be
week, as preliminary U.S. Energy Information become operational this year. Four platforms slow.
Administration data show. (two main and two satellite) would be No foreign engineer is now present in
The volume is the lowest in weekly data installed. The first stage involving the main the South Pars. All activities, no matter how
available through June 2010, but using platform of SP22 and the satellite platform difficult they may be, are handled by Iranian
monthly figures it would be the least since 24A, each with a capacity of 14.2 mcm/d, engineers. Even in some cases, Iranian
1985 when Saudi imports fell to zero for came online in 2018. The second stage, engineers set records in the South Pars
several months. involving the main platform of SP23 and the projects.
The drop in Saudi crude imports comes satellite platform 24B, would come online Under the Rouhani administrations,
against the backdrop of OPEC and its partners this year with the same capacity. Therefore, development of South Pars phases has picked

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