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Russian, Swedish firms ready to carry out drilling operations at Caspian Sea

Oil&Gas Materials 18 May 2014 14:15 (UTC +04:00)
Russian and Swedish firms are ready to carry out drilling operations at the Caspian Sea.

Baku, Azerbaijan, May 18

By Fatih Karimov - Trend:

Russian and Swedish firms are ready to carry out drilling operations at the Caspian Sea.

Abdolreza Asadi, the Deputy Director for Planning at the National Iranian Oil Company, said NIOC welcomes capable international companies for drilling at the Caspian Sea deep waters, Iran's IRNA news agency reported on May 18.

Iran's Amir Kabir SemiSub Drilling Rig is to explore and drill oil wells to extract Iran's share of the oil and gas from the Caspian Sea.

In December 2011 Iran announced that has discovered a huge gas field after years-longed operations with Amir Kabir rig in the Caspian Sea. Iran called this field Sardar-e Jangal.

Sardar-e Jangal field's first well reportedly was drilled 700 metres in depth through benthos in 1000-metre deep waters.

The field's natural gas reserves are approximately about 50 trillion cubic feet, according to the Iranian media outlets.

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