Iran Completes 1st Stage of Roll-Up Operations of Forouzan Oil Field Jacket

"The first stage of the roll-up operations of Forouzan oil field jacket was successfully completed by the Marine Structures Group of Iran Shipbuilding and Offshore Industries Complex in Bandar Abbas," said Kambiz Yahyazadeh, the Director of the marine structures group of ISOICO.

He added that the roll-up is one of the main operations for the construction of oil and gas well platforms in the sea, in which the position of jacket is changed from horizontal to vertical.

"The roll-up operation is part of the process of completing the jacket with the aim of extracting oil from the common area of Forouzan oil field between Iran and Saudi Arabia," Yahyazadeh explained.

He said that the project includes two jackets with dimensions of 23m*23m*55m with a weight of more than 1,300 tons, called the F19 jacket (the first jacket) and the F Max jacket (the second jacket), two platforms, transportation and installation, which are being implemented by ISOICO company.

Forouzan Oil Field is located 100 kilometers South-East of Khark Island at the Persian Gulf region and joint Marjan Oil Field of Saudi Arabia.

The Project for the maintenance and revamping of production capacity of the joint Forouzan Oil Field was ceded by the Iranian Offshore Oil Company (IOOC) as the Client, within the scheme of EPC-EPD, to a Consortium comprising Petropars and ISOICO, with Petropars being the Leader of the Consortium.

The subterranean section of this Project include 12 new wells, 11 wells to be repaired, and 3 Re-Entry Wells, while the surface section of the Project consists of 3 sea pipelines measuring 27 km, plus fabrication and erection of two new platforms and cabling of four fiber optics.

This Contract whose value amounts about Euro 290 million can diversify the scope of activities and operations and will expand the chain value of Petropars Group, an outcome of which will be that it will set the ground for the growth and expansion of domestic technical capability of Iranian contractors.

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