Iran to Develop Two of its Western Oil Fields by 2023, an Industrial Info Market Brief

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The National Iranian Oil Company (NIOC) and Pasargad Energy Development plan to develop the Sepehr and Jufair oil fields in western Iran by 2023.

NIOC and Pasargad aim to produce 110,000 barrels per day (BBL/d), with an accumulative output of 512 million barrels, from the two fields over a period of 20 years. The project includes drilling and the construction of pipelines and a central processing facility.

Click here for a list of related projects, and see map below.