Petro Iranian Karkheh Company was established in April 2019 with the aim of conducting studies and implementing the Yaran Oil Field Development Plan under the IPC Contract.
In line with this company’s activities, Persia Oil and Gas Industry Development Company, utilizing the technical knowledge of experts and internal capacity, initiated the necessary measures to conduct studies on the development of the Yaran oil field, and subsequently a study booklet and plan for the second phase of the oil field development were prepared, which became the basis for the IPC contract.
With the commencement of the IPC contract for the Yaran Oil Field Development Project in October 2022, the company’s agenda includes the development and commissioning of new sections and equipment, optimizing the current state of the field, and continuing the recovery from the field.
The current activities of the project simultaneously include conducting basic studies and designs in some sections, executive and construction and development affairs in some parts, producing from the Yaran field, and the procurement of equipment, services and industries required for the development and proper exploitation of the field.