• 3 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 5 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 9 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 12 minutes China's Blueprint For Global Power
  • 3 hours Pioneer's Sheffield in Doghouse. Oil upset his bragging about Shale hurt prices. Now on campaign to lower expectations, prop up price.
  • 4 hours Tesla Launches Faster Third Generation Supercharger
  • 5 hours Passerby doused with flammable liquid and set on fire by peaceful protesters
  • 55 mins EU has already lost the Trump vs. EU Trade War
  • 7 hours Who writes this stuff? "Crude Prices Swing Between Gains, Losses"
  • 3 hours China's Renewables Boom Hits the Wall
  • 20 hours Joe Biden, his son Hunter Biden, Ukraine Oil & Gas exploration company Burisma, and 2020 U.S. election shenanigans
  • 14 hours Climate Change Consensus Shifts in Wind, But Gas Is Still the Right Move
  • 21 hours Atty General Barr likely subpeona so called whistleblower and "leaker" Eric Ciaramella
  • 19 hours Does .001 of Atmosphere Control Earth's Climate?!
  • 10 mins ''Err ... but Trump ...? Humph''
  • 19 hours Trump Interview On Farage's Radio Show #classy

Iran to Install Persian Gulf’s Largest Offshore Oil Platform

Operations to install the P4 platform, built by Iranian experts, in Iran’s offshore Persian Gulf Reshadat oil field, 110km south west of Lavan island, will start next week.

According to the Iranian news agency Shana, the Tasdid Marine Structures Development Co. built the 229-foot high, 3,100-ton structure, which will be installed in the Reshadat field, 68 miles southwest of Lavan Island.

According to Tasdid Marine Structures Development Co. managing director Amir Panahi,” Once in operation, the platform will produce 75,000 barrels of oil daily. The P4 platform in the Reshadat oil has a weight of 3100 tons, which will increase to 4500 tons following the installation of stabilizing pillars.” Panahi added that a structure weighing 9,000 tons would be installed on the platform.

Panahi added that Tasdid Marine Structures Development Co. engineers were responsible for all stages of design, purchase, construction, loading, transfer and installation of the platform and if the project had been subcontracted out to a foreign company it would have cost 1.5 to 2 times more.

The Reshadat oilfield P4 platform was ordered by the Falat Qarreh oil company.

National Iranian Oil Company Managing Director Ahmad Qalebani recently announced that Iran's oil exports have increased by 50,000 barrels per day since the beginning of the current Iranian calendar year , which began on 21 March, despite U.S.-led sanctions and noted that more than 60 percent of the necessary equipment for Iran’s oil industry is now produced domestically and that its share of oilfield equipment production will exceed 90 percent by 2014.

By. Charles Kennedy, Deputy Editor OilPrice.com

 



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play