{"id":1508,"date":"2017-10-31T21:01:05","date_gmt":"2017-10-31T22:01:05","guid":{"rendered":"http:\/\/madaresharghi.com\/petronas-proposal-for-azadegan-project\/"},"modified":"2017-10-31T21:01:05","modified_gmt":"2017-10-31T22:01:05","slug":"petronas-proposal-for-azadegan-project","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/petronas-proposal-for-azadegan-project\/","title":{"rendered":"Petronas Proposal for Azadegan Project"},"content":{"rendered":"<p><a href=\"http:\/\/madaresharghi..com\">madaresharghi<\/a><br \/>\n<\/p>\n<p> \tMalaysia&#8217;s state oil company Petronas submitted its development proposals for Azadegan Oilfield, the country&#8217;s largest oilfield located in the southern oil-rich province of Khuzestan. According to the National Iranian Oil Company&#8217;s news portal, a technical committee from Petronas presented its master development plan to the officials of Iran&#8217;s Petroleum Engineering and Development Company. Petronas signed a non-disclosure agreement with PEDEC last December to study Azadegan Oilfield, which is divided into the north and south sections and holds an estimated 33 billion barrels of in-place oil. France&#8217;s Total and Japan&#8217;s Inpex have already submitted their findings along with development proposals for the giant field, leading the line of international energy majors wanting to return to Iran&#8217;s oil and gas industry after the lifting of economic sanctions last year. According to official reports, the field&#8217;s recovery rate is 6%, whereas average oil recovery factor worldwide is between 20% and 40%. Tehran hopes the South Azadegan tender will pave the way for the presence of foreign oil companies in dozens more projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>madaresharghi Malaysia&#8217;s state oil company Petronas submitted its development proposals for Azadegan Oilfield, the country&#8217;s largest oilfield located in the southern oil-rich province of Khuzestan. According to the National Iranian Oil Company&#8217;s news portal, a technical committee from Petronas presented its master development plan to the officials of Iran&#8217;s Petroleum Engineering and Development Company. Petronas [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,8],"tags":[296,118,28,31,159,639,178,56,213,84,95,82,68,22,23,27],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Petronas Proposal for Azadegan Project - madaresharghi | An Analytical Look at Middle Eastern Developments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/madaresharghi.ir\/en\/petronas-proposal-for-azadegan-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Petronas Proposal for Azadegan Project - madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"og:description\" content=\"madaresharghi Malaysia&#8217;s state oil company Petronas submitted its development proposals for Azadegan Oilfield, the country&#8217;s largest oilfield located in the southern oil-rich province of Khuzestan. According to the National Iranian Oil Company&#8217;s news portal, a technical committee from Petronas presented its master development plan to the officials of Iran&#8217;s Petroleum Engineering and Development Company. 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