Tuesday, July 15, 2008

World Class Projects: South Pars

South Pars, Qatar North Field, Iran
The Iranian South Pars field is the northern extension of Qatar's giant North Field. It covers an area of 500 square miles and is located 3,000m below the seabed at a water depth of 65m. The Iranian side accounts for 10% of the world's and 60% of Iran's total gas reserves. Iran's portion of the field contains an estimated 436 trillion ft³.
The field is planned to be developed in around 30 phases, each of which will require an initial investment of around $1 billion. The first 12 phases of the development are underway and will have the capacity of 1 billion ft³ and 40,000 barrels of condensate per day.

The large investment in development of this gas are in the form of many multi million dollars projects. Project Management jobs and competencies are in high demand in this region!

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