POGC – South Pars Gas Field Development: Phase 13 – Lorestan Province - Project Profile

POGC – South Pars Gas Field Development: Phase 13 – Lorestan Province - Project Profile

  • March 2018 •
  • 9 pages •
  • Report ID: 4917972
Synopsis
"POGC – South Pars Gas Field Development: Phase 13 – Lorestan Province - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "POGC – South Pars Gas Field Development: Phase 13 – Lorestan Province - Project Profile" is part of Timetric’s database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
Pars Oil and Gas Company (POGC), a subsidiary of National Iranian Oil Company (NIOC), is undertaking the construction of a gas field in Lorestan Province. Iran.

The project involves the development of a gas field to produce 2 billion standard cubic feet per day (BSCFPD) of gas.

The project include the construction of offshore and onshore elements. The offshore element included the drilling of 38 wells, installation of four platforms each producing 500 Million standard cubic feet per day (MMSCFD) of gas, two main pipelines each of 32 inches, two MEG injection pipelines of 4.5inch each and two Infield pipelines of 18inch each.

The onshore element included the construction of a gas and liquid processing unit with a capacity to produce 50 million cubic meter per day (m3/d) of refined gas, 1.1 million tonnes per year (MTPA) of liquefied gas for export, 80,000 barrels per day (BPD) of gas condensates for export, 400 tonnes per annum (TPA) of sulfur and 1MTPA of ethane gas to feed the petrochemical plants.

The project team includes Sorosh Energy Parsian co. (SEPCO) as construction contractor, Radira Company as pipeline installation contractor and VASTAPAD Company as construction contractors(Underground Piping), PIRE Co. (Petroleum Industry Research Engineering Company) as FEED contractor and Arpa Group as managing consultant.

Drilling of appraisal wells and has been completed by Petropars Oilfield Services Company (POSCO).

On December 6, 2005, POGC signed a contract with the Royal Dutch Shell Company and Italian Repsol on developing the downstream section and Shell is also the general contractor for the upstream section. However, the contract was terminated later because both companies stalled progress on the project as a result of international sanctions.

In June 2010, following the termination of Shell and Repsol from the project, the upstream development was handed over to the Iranian Khatam-ol-Osea Consortium. The Consortium is made up of Khatam-ol Anbia Construction Headquarters, Oil Industries Engineering and Construction Company (OIEC), SADRA (Iranian Marine Industrial Co.), Iran Shipbuilding & Offshore Industries Complex Co (ISOICO) a subsidiary of IDRO group, Industrial Development & Renovation Organization (IDRO) and National Iranian Drilling Company (NIDC).

In June 2010, a consortium comprising of Petro Paydar Iranian Company, Mapna Company and SADRA (Iranian Marine Industrial Co.) has been appointed as developer.

On June 10, 2010, Construction activities commenced.

In June 2015, installation of four jackets and 70% of the construction of platforms were completed.

Construction activities are underway.

Scope
The project involves the development of a gas field to produce 2BSCFPD of gas in Lorestan Province, Iran.

The US$6,100 million project includes the following:
1. Drilling of 38 wells
2. Construction of a gas and liquid processing unit with capacity to produce 50 million m3/d of refined gas
3. Installation of two Infield pipelines of 18inch each
4. Installation of two MEG injection pipelines of 4.5inch each
5. Installation of two main pipelines each of 32 inches
6. Installation of four platforms each producing 500MMSCFD of gas

Reasons To Buy
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Country=Iran Industry=Energy ParentIndustry=HeavyIndustry Date=201803 Topic=Supply Publisher=Timetric Price=1000