Page 54: of Offshore Engineer Magazine (Jan/Feb 2016)
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Middle EastMiddle EastMiddle EastMiddle EastMiddle EastMiddle EastMiddle EastMiddle EastMiddle EastMiddle EastMiddle East block in 1H 2015. Total had signed an Exploration and Production Sharing Agreement (EPSA) with the government of Oman in 2013. The EPSA covers
REGIONAL OVERVIEW 23,580sq km of the block in 30-3000m water depth.
Total pulled out of Block 41 after conducting studies on seabed cores and samples.
Iran
Prospects of multi-billion dollar projects offshore
Iran have been generating a lot of interest from both international oil and gas companies as well as inter- national and Middle East-based offshore EPIC and service contractors since last year. These development programs are anticipated to move forward in 2016, once the Iran Petroleum Contract (IPC) is in place, when sanctions are fully lifted. Iran is targeting to reach around 4.7 MMb/d of production capacity in the
The ABK ? eld, o