Iran points to enhanced oil recovery to boost nation's wealth
Iran’s Minister of Petroleum, Bijan Namdar Zangeneh, called for the country to improve its oil recovery capabilities to boost national wealth. He urged companies affiliated with the ministry to work with Iranian universities to support studies in oil field development and called on universities to attend technical talks on Iran's petroleum contracts. Iranian firms are well versed in drilling wells but less experienced in oil field recovery, he said. The National Iranian Oil Company reportedly plans to drill 300 new wells using improved and enhanced oil recovery technologies to extract crude oil at the South Pars oil layer.

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Iran's Minister of Petroleum on Thursday urged for a national move to improve oil recovery, boost oil production and increase national wealth, Iran's Petro Energy Information Network reported.

Bijan Namdar Zangeneh said that Iranian universities should attend the technical discussions on the Iran's petroleum contracts in order to empower the country in engineering the resources.

Zangeneh urged the Ministry of Petroleum's affiliated companies to cooperate with universities and to facilitate their studies on development of oil fields.

Iranian companies are enough experienced in drilling oil wells, establishing pipelines and constructing the production units, but they have less experience in the field of oil recovery from the oil fields, he said.

Oil recovery should become a national demand because it can increase the country's wealth, he added.

According to a report by Press TV, the National Iranian Oil Company plans to drill 300 wells at the South Pars oil layer, which requires Improved Oil Recovery and Enhanced Oil Recovery technologies to reach crude oil. Endit