SHANA Iranian President Hassan Rouhani officially inaugurated the gas processing complex of Hengam Joint Oilfield. The plant can process 80 mcm/day of natural gas which was previously flared. Iranian contractors, manufacturers and advisors developed the complex whose return on investment will be less than a year. The project generates $700,...

SHANA The managing director of Iranian Offshore Oil Company, Hamid Bovard, says the gas processing complex of Hengam Oilfield will save Iran over 300 million dollars annually, once fully operational. The daily cost-saving of the project will be more than $700,000 per day, he said. Addressing the opening ceremony of the gas processing complex,...

SHANA The Iranian Offshore Oil Company (IOOC) will launch the gas processing facilities of Hengam joint gas field soon, IOOC managing director said. According to the company, Hamid Bovard, the IOOC managing director, said the plant is being launched in line with the Economic Resilience policies of the Islamic Republic of Iran with the aim of preserving ...