SHANA � The CEO of the Petropars Group said his company had won a tender to develop a production maintenance and enhancement project in Forouzan Oilfield.

According to the company, Hamid Reza Masoudi said winning the project meant a lot to the company, adding the project was put to tender by the Iranian Offshore Oil Company (IOOC) as employer in an EPC-EPD contract and is awarded to a consortium of Petropars and Iran Shipbuilding & Offshore Industries Complex.

Petropars will lead the consortium, he said.

The project will entail drilling 12 new wells in the field, 11 workovers, 3 re-entries and construction of three sea pipelines of 27 km length and installation and construction of two platforms and the required cables.

The �290m project could help diversify Petropars�s activities and services, Masoudi added.

Forouzan Oifield is located 100 km off southeast of Khark Island in the Persian Gulf. Iran shares the field with Saudi Arabia.