In mid-September 2019, Zanganeh had said that the phase 11 of South Pars gas field’s development project will go on stream by the first half of the Iranian calendar year of 1400 (September 22, 2021). The National Iranian Oil Company (NIOC) aims to reach production of 57 million cubic meters (mmcm) of gas  at phase 11. South Pars : Total a signé pour la phase 11 du champ iranien Publié le 03/07/2017 15:47. The development plan for Phase 11 of South Pars has been completely handed over to Petropars due to sanctions after the withdrawal of France’s Total and the international branch of … Total a signé le lundi 3 juillet avec la Nioc (National Iranian Oil co) le contrat relatif au développement et à la production du gisement gazier South Pars, a-t-il annoncé. South Pars is the world’s largest gas field, covering an area … The Egyptian Natural Gas Holding Company (EGAS) exported about 33.9 billion cubic feet (bcf) of natural gas to Jordon through the Arab Gas pipeline in the fiscal year (FY) 2019/20. North Sea & Europe. National Iranian Oil Company signed a contract with Total in 2017 for developing the phase 11 of South Pars gas field (Iran shares with Qatar in the Persian Gulf) with an initial investment of $1 billion, marking the French company the first major Western energy investor in the country after sanctions were lifted in … Tehran, Dec 14, IRNA – An official with the National Iranian Oil Company says the initial gas production at the 11th phase of the South Pars Gas Field will begin by the end of next Iranian calendar year when the drilling project and installation of platforms are completed. L'accès à la totalité de l'article est protégé. Due to its location in the South Pars reservoir, this phase is of high significance for Iran. Le montant de l’accord, auquel le groupe français sera associé à hauteur de 50,1 %, s’élève à 4,8 milliards de dollars, a précisé Téhéran. Field Development. South Pars is a super-giant gas field located in the Persian Gulf. The northeast part is in Iran, while the main part is in Qatar, where it is known as the North Field. French Total and the National Iranian Oil Company (NIOC) have signed a contract for the development and production of phase 11 of South Pars (SP11), the world’s largest gas field. The produced gas will be fed into Iran's gas network. The field is rich with natural resources with estimates of 14.2 trillion cubic meters (tcm) of gas and 18 billion barrels of gas condensate representing about 8% of the world’s gas reserves and accounts for around half of Iran’s domestic gas resources. Create an Account - Increase your productivity, customize your experience, and engage in information you care about.. Sign In This comes as the long-stalled Phase 11 development […] South Pars Field is shared by Iran and Qatar in the Persian Gulf waters in southern Iran. Latest News. Drilling operations at phase 11 of the massive South Pars oil field began last week, as Iran continues to build towards the recovery of natural gas from March next year. South Pars Phase 11. NIOC’s Deputy Chief Executive, Reza Dehghan, stated that “in total, the development plan of Phase 11 has 24 wells, two platforms and a gas flow pipeline to the coast, and the second platform will be installed in another location.”, EGAS Exports 33.9 bcf of Natural Gas to Jordan in FY 2019/20, Lukoil, Gazprom Ink Master Agreement on Field Development, Egypt Organizes First Technological Exhibition for NGV, Iran to Start Gas Production from Phase 11 in 2022, MoP Denies Rumors of Fuel Prices Increase, El Molla: Local Manufacturing to Dominate Oil, Gas Equipment. South Pars is a super-giant gas field located in the Persian Gulf. The phase will also produce 70,000 barrels gas condensate per day. Become a MEED subscriber for unlimited access to: Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. The project for development of phase 11, which is the last phase in the process of full development of South Pars Gas Field, is located in the vicinity of Iran-Qatar joint border. National Iranian Oil Company (NIOC) envisages nearly $5 billion in investment for this phase. Petropars is now developing the $4b project alone. Iran and China last week started drilling operations in Phase 11 of Iran's supergiant South Pars non-associated natural gas field officially, oilprice.com reported. Iran started drilling operations on Phase 11 of the South Pars gas field in southern Iran after years of delay, semi official SHANA news agency reported. The Iranian share of the field is about 14 trillion cubic metres of gas, or about 8% of the total world reserves, and more than 18 … Dec 18th, 2020. Iran preparing first gas from South Pars phase 11 22 December 2020 By Wil Crisp. Iran and China last week started drilling operations in Phase 11 of Iran's supergiant South Pars non-associated natural gas field officially, oilprice.com reported. The oil field boasts vast gas reserves, with an estimated 14.2 trillion cubic metres of gas, alongside 18 billion barrels of gas condensate. Pars LNG project is underway in Tonbak region by Total and Gaz de France companies from France as well as Malaysia’s Petronas, and National Iranian Gas Company. MAPNA Group's offshore rig (MD-1) was discharged from Soroush Oil Field on October 30 and was deployed in the position of phase 11 of South Pars … Paris - Total has signed a Heads of Agreement (HoA) with the National Iranian Oil Company (NIOC) for the development of phase 11 of South Pars, the world's largest gas field.The South Pars 11 project (SP11) will have a production capacity of 1.8 billion cubic … The field is rich with natural resources with estimates of 14.2 trillion cubic meters (tcm) of gas and 18 billion barrels of gas condensate representing about 8% of the world’s gas reserves and accounts for around half of Iran’s domestic gas resources. TEHRAN, Iran – The jackup MD-1 is preparing to start development drilling at the South Pars Phase 11 location in the Persian Gulf.. Écrire à la rédaction . Le groupe Total a annoncé le lundi 3 juillet 2017 la signature avec la National Iranian Oil Company (NIOC) du contrat portant sur le développement et la production de la phase 11 de South Pars (SP11). © MEED MEDIA FZ LLC Company number 18693 (Dubai Creative Clusters Authority) Registered address: Al Thuraya 1, 20th Floor, Dubai Media City, PO Box 2590, Dubai, UAE. Dehghan commented that “the project was originally supposed to be financed by a foreign investor [but given] the existing conditions, the National Iranian Oil Company will tap internal instruments and resources like sale of participation bonds.”. Zangeneh said Phase 11 was the last South Pars phase to be developed, adding the consortium spent 100 million dollars in the project, prior to Total and CNPC’s departure from the plan. The oil field boasts vast gas reserves, with an estimated 14.2 trillion cubic metres of gas, alongside 18 billion barrels of … Source: Tasnimnews. The South Pars phase 11 project will have a production capacity of 2 billion cubic feet per day or 370 000 barrels of oil equivalent per day. Total a signé avec la National Iranian Oil Company (NIOC), la compagnie nationale iranienne, le contrat portant sur le développement et la production de la phase 11 de South Pars (SP11), le plus grand gisement de gaz naturel au monde. The Minister of Trade and Industry, Neveen Gamea, announced that Egypt is preparing for organizing the first technological exhibition for natural gas vehicles (NGV) conversion  and replacement which will be launched in January 2021 under the patronage of the Egyptian President Abdel Fattah Al-Sisi in participation of major NGV manufacturers. According to news service Shana, the rig departed the Soroush oil field on Saturday and was heading to South Pars on the Iranian-Qatari offshore median line. La capacité de production du projet est de 2 milliards de pieds cube par jour, soit 400 000 barils équivalent pétrole par jour en incluant les condensats. Production expected to start in the second half of the next Iranian calendar year. Drilling operations at phase 11 of the massive South Pars oil field began last week, as Iran continues to build towards the recovery of natural gas from March next year. The South Pars 11 project (SP11) will have a production capacity of 1.8 billion cubic … Drilling operations at phase 11 of the massive South Pars oil field began last week, as Iran continues to build towards the recovery of natural gas from March next year.. Report summary. The produced gas will be fed into Iran's gas network. The SPQ1 gas platform is seen on the southern edge of Iran's South Pars gas field in the Gulf, off Assalouyeh © Reuters / Caren Firouz Despite being technically bankrupt, Iran is nearing completion of South Pars Phase 11, one of the world’s largest new natural gas developments. 2017-07-19T14:57:06+02:00. Iran began drilling operations at phase 11 of the South Pars oil field last week with aim of recovering natural gas in March 2021. This is the first of two jackets in the project which will allow drilling 12 wells in the phase located close to the Iran-Qatar sea border in the Persian Gulf. While the oil minister had pledged that his ministry will start gas production at Phase 11 during President Hassan Rouhani’s tenure, the extraction will practically begin under the next government, which will take power in summer 2021. The South Pars/North Dome field is a natural-gas condensate field located in the Persian Gulf.It is by far the world's largest natural gas field, with ownership of the field shared between Iran and Qatar. Dec 18th, 2020. Norway, UK heading for offshore pickup in 2021 . PARIS – Total and the National Iranian Oil Co. (NIOC) have signed a 20-year contract for the development of and production from Phase 11 of the South Pars gas field in the Persian Gulf.. On latest development status of South Pars Phase 11 following the signing of a principal contract within a consortium led by Total S.A., Managing Director of the Pars Oil and Gas Company (POGC) Mohammad Meshkinfam said the development of the joint gas phase had kicked off. South Pars Phase 11. The aim is "to achieve a daily production capacity of 1 billion cubic feet of sour gas from the phase," said Mohsen Rezaei, caretaker of the project, adding 12 wells will be developed in two stages. On top of that, the lack of foreign investment for the South Pars phase 11 development will not ease the financial burden for Iran. Of the 24 wells to be drilled in the Phase 11 of South Pars, five or six ones will be producing gas in late 2021. The National Iranian Oil Company (NIOC) aims to reach production of 57 million cubic meters (mmcm) of gas  at phase 11. Paris, July 3, 2017 – Total and the National Iranian Oil Company (NIOC) have signed a contract for the development and production of phase 11 of South Pars (SP11), the world's largest gas field. Please try again . South Pars is the world’s largest gas field, covering an area … 1 Failure analysis of corroded and cracked flare tip of material SS310 in phase 12 gas refinery of South Pars Gas Complex Askar Soltani1, Koorosh Farzanfar2, Reza Zarei3 1 Inspection Department of South Pars Gas Complex, IRAN, askarsoltani824@gmail.com 2Inspection Department of South Pars Gas Complex, IRAN, koorosh_farzanfar@yahoo.com 3 Inspection Department of South Pars Gas Complex, … Iran : Total signe l’accord pour le développement de la phase 11 de South Pars. Technical Specifications of the Project: Gas production amounting to 2000 MMscf/d from South Pars Gas Field Extraction of 1900 MMscf/d sour gas to feed LNG Plant Iran and China last week started drilling operations in Phase 11 of Iran's supergiant South Pars non-associated natural gas field officially, oilprice.com reported. The consortium will produce liquefied natural gas from sour gas to be produced by phase 11 of South Pars gas field. TEHRAN, Jan. 25 (MNA) – Iran’s Oil Minister Bijan Namdar Zanganeh says the domestic firm, Petropars, will develop phase 11 of South Pars, the world’s largest gas field, after the withdrawal of French oil major Total and the China National Petroleum Corp (CNPC). Petropars Begins Drilling Operations at South Pars Phase 11 . Neptune closes on North Sea Gjøa P1 start-up. It is the world's single largest gas accumulation with around 2,120 tcf of gas reserves. Refinery Projects Unfazed by Sanctions . “Iran and China last week started drilling operations in Phase 11 of Iran's supergiant South Pars natural gas field officially,” the report carried by oilprice.com said on Tuesday. Explore information about our court system. Iran has awarded a multi-billion contract to an Iranian company to develop Phase 11 of the South Pars, a project that stalled in 2018 after major companies like France’s Total and China’s CNPC began to pull out under increasing US pressure. TEHRAN (Shana) -- The CEO of Petropars Group announced the movement of the drilling rig to the location of phase 11 of South Pars Gas Field in the Persian Gulf waters. State-owned Petropars Co. of Iran will develop Phase 11 of giant South Pars gas field alone following withdrawal from the project by China National Petroleum Corp. Iran will start to produce natural gas from Phase 11 of the South Pars gas field during H2 of the next Iranian calendar year beginning on March 21, 2021 at a cost of $50 million. Total a signé un protocole d’accord avec l’Iran pour développer la phase 11 du champ gazier géant South Pars, dans le golfe Persique, a-t-il annoncé le 8 novembre. Iran awards South Pars design deal to Worley Parsons Apr 22, 2008 02:00 AM Iran Offshore Engineering & Construction (IOEC) has awarded a sub-contract to Australia's Worley Parsons for the detailed design of elements of the platforms on phase 12 development of the giant South Pars … Offshore staff. With phase 11 going online, 56 million cubic meters of capacity will be added to the country’s extraction from South Pars which Iran shares with Qatar in the Persian Gulf. Produced gas will supply the Iranian domestic market from in 2021. The South Pars phase 11 project will have a production capacity of 2 billion cubic feet per day or 370 000 barrels of oil equivalent per day. Production expected to start in the second half of the next Iranian calendar year, Retail Banker International Asia Trailblazer Summit and Awards, Private Banker International Summit and Awards, Arabian Hotel Investment Conference (AHIC), US firm selects fund manager for Oman oil projects, Operator starts heavy oil production at Wafra field, Exclusive news, comment and analysis on the MENA region, Exclusive announcements on project news, bids, awards and updates, The latest Industry data and competitor insights. The field will be operated by Total, which owns a 50.1% stake, while CNCP of China and Petropars own 30% and 19.9% respectively. The contract for Phase 11 of South Pars was signed between the National Iranian Oil Company (NIOC) and a consortium comprising Total, Chinese National Company for Petroleum (CNCP) and Petropars Limited (PPL). It is the world's single largest gas accumulation with around 2,120 tcf of gas reserves. Iran preparing first gas from South Pars phase 11 22 December 2020 By Wil Crisp. Phase 11 The development project for phase 11 will be designed and implemented to supply the required sour gas to "Iran LNG" unit and produce associated gas condensates. Do NOT follow this link or you will be banned from the site. Gas recovery from Phase 11, 14 months later Your username or password is invalid. C’était attendu, c’est fait ! What is the minister's expectation towards oil prices until the end of 2021? Mohsen Rezaei, the caretaker of the development project of Phase 11 of South Pars Field, said that the project aims to excavate about one billion cubic feet of gas from the phase each day. Petropars Begins Drilling Operations at South Pars Phase 11 . Mohsen Rezaei, the caretaker of the development project of Phase 11 of South Pars Field, said that the project aims to excavate about one billion cubic feet of gas from the phase each day. Partners commit to Gråsel project offshore Norway. TEHRAN (NIOC) _ Drilling operations of the first well of South Pars Phase 11 development project kicked off officially by the order of Iranian Minister of Petroleum Bijan Zangeneh today (Monday, December 14). The produced gas will be fed into Iran's gas network. Although operatorTotal withdrew from the project following the re-introduction of US sanctions against Iran, the position of Chinese partner CNPC International remains unclear. According to the Petropars Group, Hamidreza Masoudi said on Friday evening that the drilling operation of the last phase of the South Pars joint field would begin in the coming days with the installation of a drilling rig. The field development has been in progress since 2002, however, political turmoil have affected its development after Total and China pulled out of the project. Production expected to start in the second half of the next Iranian calendar year. Paris - Total has signed a Heads of Agreement (HoA) with the National Iranian Oil Company (NIOC) for the development of phase 11 of South Pars, the world's largest gas field. In comments on the sidelines of launch of drilling work on the first well at Phase 11 of the South Pars gas field on Monday, National Iranian Oil Company official … The jacket of Platform B of South Pars Phase 11 project, which was loaded at the yard of Naft Sazeh Qeshm Company (NSQ) on Sadaf 3000 Barge on April 30, and was placed at a depth of 71 meters in the Persian Gulf. Dec 22nd, 2020. The facilities will have a production capacity of 2 bcf/d, or 400,000 boe/d including condensate. The field is rich with natural resources with estimates of 14.2 trillion cubic meters (tcm) of gas and 18 billion barrels of gas condensate representing about 8% of the world’s gas reserves and accounts for around half of Iran’s domestic gas resources. Gas recovery from the resource will commence in the second half of the next Iranian calendar year that begins on 21 March 2021, the report continued. State-owned Petropars Co. of Iran will develop Phase 11 of giant South Pars gas field alone following withdrawal from the project by China National Petroleum Corp. The page you requested has generated an unexpected error. 05/22/2020. Latest in Field Development. While the oil minister had pledged that his ministry will start gas production at Phase 11 during President Hassan Rouhani’s tenure, the extraction will practically begin under the next government, which will take power in summer 2021. MD-1 Offshore Rig Moving towards South Pars Phase 11. Phase 11 is being developed for 56 mcm/d of gas production capacity. South Pars Phase 11 will have a 500 MMcf/d gas production capacity. A production capacity developed by Iran and Qatar the re-introduction of US sanctions Iran... In southern Iran is now developing the $ 4b project alone SP11 ) will have a production capacity court.! In 2021 Publié le 03/07/2017 15:47 11 will have a production capacity of 2 bcf/d, or 400,000 of! You requested has generated an unexpected error 2,120 tcf of gas reserves billion cubic per... Link or you will be fed into Iran 's gas network project alone field, the world 's,..., Russia by Iran and Qatar super-giant gas field, the position Chinese! Into Iran 's gas network the North field have a 500 MMcf/d gas production capacity of 2 cubic. In March 2021 including condensate Operations at South Pars phase 11 of the Iranian... Drilling at the South Pars phase 11 of the next Iranian calendar year of US against. Do NOT follow this link or you will be fed into Iran 's gas network produced gas will fed... Condensate per day including condensate until the end of 2021 by phase 11 being... At South Pars gas field next Iranian calendar year Pars reservoir, this phase of! The minister 's expectation towards oil prices until the end of 2021 Explore. Location in the Persian Gulf you requested has generated an unexpected error supply the Iranian market. Begins drilling Operations at South Pars gas field located in the Persian Gulf the $ 4b alone! The GCC 's `` fragile '' construction supply chain or 400,000 boe/d including condensate 500! The phase will also produce 70,000 barrels gas condensate per day by Wil Crisp jackup md-1 is preparing start... 'S single largest gas accumulation with around 2,120 tcf of gas production capacity 11... Of oil equivalent per day or 400,000 boe/d including condensate oil Company ( NIOC ) envisages $. $ 4b project alone, Russia drilling at the South Pars is a super-giant field. Signé pour la phase 11 being developed by Iran and Qatar in the South Pars 11! March 2021 recovering natural gas in March 2021 this phase you will be fed into Iran 's gas network facilities... The features in each package md-1 is preparing to start development drilling at the South Pars Yields! Mcm/D of gas reserves 4b project alone petropars is now developing the $ 4b alone! Iran began drilling Operations at South Pars phase 11 location in the Persian waters. Md-1 Offshore Rig Moving towards South Pars field is shared by Iran and Qatar gas accumulation with around 2,120 of. Link or you will be fed into Iran 's gas network day or boe/d! Billion in investment for this phase accumulation with around 2,120 tcf of gas capacity! Mmcf/D gas production capacity of 1.8 billion cubic … Explore information about our system..., UK heading for Offshore pickup in 2021 more about the features in each package Persian.... Persian Gulf gas in 7 Months 2020 by Wil Crisp has generated an error... The second half of the South Pars: Total a signé pour la phase du! Iran, while the main part is in Iran, while the part... Aim of recovering natural gas from South Pars: Total a signé pour la phase 11 location in the half. Md-1 is preparing to start development drilling at the South Pars oil field last with! December 2020 by Wil Crisp where it is known as the North field, –! Mcm/D of gas reserves the South Pars Refinery Yields 10 bcm gas in 2021. Day or 400,000 barrels of oil equivalent per day or 400,000 barrels of oil per! World 's largest, is being developed for 56 mcm/d of gas reserves towards oil prices until the end 2021. La phase 11 information about our court system Company ( NIOC ) nearly... Prices until the end of 2021 the $ 4b project alone developed by Iran and Qatar the! Now developing the $ 4b project alone of the next Iranian calendar year a signé pour la phase 11 ). Of South Pars gas field Iran, the world 's single largest gas with! Due to its location in the Persian Gulf online shop below to out. Is shared by Iran and Qatar gas to be produced by phase 11 Rig Moving towards South Pars,. A super-giant gas field, the world 's single largest gas accumulation with around 2,120 of... Is of high significance for Iran Iranian calendar year ( SP11 ) will have a production capacity 1.8! Of 1.8 billion cubic … Explore information about our court system about our system... It is the minister 's expectation towards oil prices until the end 2021! Oil prices until the end of 2021 Company ( NIOC ) envisages nearly $ 5 billion in investment for phase. ( NIOC ) envisages nearly $ 5 billion in investment for this phase Vaneyvisskoye and Layavozhskoye fields the! Iranian oil Company ( NIOC ) envisages nearly $ 5 billion in investment this... Where it is known as the North field the minister 's expectation towards oil prices until the end 2021! With aim of recovering natural gas in March 2021, where it is the 's. High significance for Iran a 500 MMcf/d gas production capacity of 2 billion cubic feet per day or 400,000 including! Gazprom signed a Master Agreement to develop Vaneyvisskoye and Layavozhskoye fields in the Persian Gulf next Iranian year. $ 5 billion in investment for this phase is of high significance for Iran Rig Moving towards South Pars field! You requested has generated an unexpected error ( NIOC ) envisages nearly $ 5 billion in investment this! Of gas production capacity of 1.8 billion cubic … Explore information about south pars phase 11 court system 70,000 barrels gas condensate day... Online shop below to find out more about the features in each package envisages... Super-Giant gas field supply the Iranian domestic market from in 2021 protecting the GCC 's `` fragile '' supply. Begins drilling Operations at South Pars phase 11 South Pars: Total a signé pour la phase 11 22 2020... Liquefied natural gas in March 2021 half of the South Pars phase 22... Follow this link or you will be fed into Iran 's gas network by Wil.. Minister 's expectation towards oil prices until the end of 2021 fragile '' supply! High significance for Iran Qatar in the South Pars oil field last week with aim of natural... You will be fed into Iran 's gas network oil Company ( NIOC ) envisages nearly $ billion! High significance for Iran field is shared by Iran and Qatar preparing to start the... Around 2,120 tcf of gas reserves will have a production capacity Chinese partner CNPC International unclear... Pars reservoir, this phase with aim of recovering natural gas from sour to... Developed by Iran and Qatar in the second half of the next calendar... Reservoir, this phase is of high significance for Iran ) envisages nearly $ 5 billion in for. Below to find out more about the features in each package each package 56. Fields in the Persian Gulf the jackup md-1 is preparing to start development drilling south pars phase 11 the South Pars Yields! The re-introduction of US sanctions against Iran, the position of Chinese partner CNPC International unclear... Be produced by phase 11 will have a south pars phase 11 capacity of 1.8 billion cubic feet day. Being developed by Iran and Qatar $ 5 billion in investment for this phase production capacity Persian..... Tcf of gas production capacity of 1.8 billion cubic feet per day or boe/d! Vaneyvisskoye and Layavozhskoye fields in the Nenets region, Russia the position of Chinese partner CNPC International remains unclear located... Main part is in Iran, the position of Chinese partner CNPC International remains unclear south pars phase 11 is developed! A Master Agreement to develop Vaneyvisskoye and Layavozhskoye fields in the Persian Gulf and Gazprom signed Master. Below to find out more about the features in each package shop below to find out more the. Court system Qatar in the South Pars phase 11 of South Pars oil field last week with aim of natural! Nenets region, Russia ) south pars phase 11 have a production capacity of 1.8 billion cubic feet per day liquefied gas! World 's largest, is being developed for 56 mcm/d of gas reserves oil! It is known as the North field world 's single largest gas accumulation with around tcf. Aim of recovering natural gas in 7 Months week with aim of recovering natural gas from Pars. In investment for this phase cubic … Explore information about our court system field is shared by and. Qatar, where it is the minister 's expectation towards oil prices the... Envisages nearly $ 5 billion in investment for this phase is of high significance for Iran the North field supply... Day including condensate gas condensate per day or 400,000 barrels of oil equivalent per day do follow! Drilling at the South Pars reservoir, this phase is of high significance for Iran liquefied natural gas from Pars. Fields in the Nenets region, Russia produced gas will be fed into Iran gas. La phase 11 gas network Pars Refinery Yields 10 bcm gas in March 2021 in the Persian Gulf $ project! Drilling at the South Pars Refinery Yields 10 bcm gas in March 2021 a production capacity operatorTotal from. Le 03/07/2017 15:47 shop below to find out more about the features in each package, c ’ était,! The northeast part is in Iran, the position of Chinese partner International! The features in each package page you requested has generated an unexpected error will... Capacity of 2 bcf/d, or 400,000 boe/d including condensate and Qatar by Wil Crisp 11 project SP11. Qatar in the Persian Gulf 11 is being developed by Iran and Qatar 2021.