Iran-Made Electro-Compressors Ready to Be Supplied to Azar Oilfield
14:27 - October 28, 2022

Iran-Made Electro-Compressors Ready to Be Supplied to Azar Oilfield

TEHRAN (ANA)- The Iranian Oil Turbo Compressor Company announced its readiness to supply 15 electro-compressors needed for developing ‘Azar oilfield’.
News ID : 517

“Currently, 36 electro-compressors are being designed and manufactured in the Iranian Oil Turbo Compressor Company, and the first batch of the equipment will be delivered to the operating unit by the end of the current year,” the company added.

The company also announced that compressors needed for the development of oilfields in the Western part of the country as well as petrochemical units will be delivered in due time.

Azar is one of Iran's oil fields developed by an Iranian consortium with €1.4 billion in investment. One of the most complex oil fields in Iran, Azar is located in the Anaran exploration block in Ilam province, Western Iran.

Based on the comprehensive reservoir and geological studies, the field is estimated to contain 4.3 billion barrels of in-place light crude oil with an API of 32 and 400 million barrels of recoverable oil.

Currently, more than 210,000 b/d of oil is being produced in the province, and Azar accounts for the lion’s share of the produced crude.

In the past few years, the ministry has been seriously supporting knowledge-based companies and startups, and in this regard, several events, exhibitions, and panels have been held to encourage the mentioned companies’ contribution to the country’s oil and gas industry.

Iran’s Oil Minister Javad Owji recently said that domestic producers are supplying over 70 percent of the oil industry’s needed equipment, adding that this figure can increase to 95 percent.

“Currently, a major part of the equipment and parts needed by all sectors (upstream and downstream) are supplied by domestic manufacturers,” he further said.

In November 2021, Majid Mohammadpour, the head of the Iranian Petroleum Industries Equipment Manufacturers Association (IPIEMA), said the Oil Ministry was going to define new mega projects in which commodities manufactured by the country’s oil equipment builders would be used.

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