
Iranian authorities announced on Saturday the installation of a housing platform in the joint oil field it shares with Saudi Arabia in Gulf waters. Abu Al-Qasim Khadbaksh, the official for developing the Forouzan oil field at the Iranian Continental Shelf Company, said: “The weight of the new platform that was installed today is 680 tons,” noting that “the installation process took place in the early hours of the day against the background of preparing the necessary conditions and infrastructure by specialists.” According to the official, “13 oil wells will be drilled within the framework of the development of the Forouzan field, and that is among 33 Projects on the agenda of the Ministry of Oil to stabilise and increase oil […]
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