29 April 2024
SPE CONFERENCE: Iran poised to become ‘world’s top upstream hotspot’
Publication date: 29 June 2017
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
Iran is shaping up to be the world’s top upstream hotspot and an alluring frontier for the next wave of E&P activity thanks to its abundant and underexploited reserves, the Society of Petroleum Engineers’ annual conference heard this week.
Narsi Ghorban, who sits on the Iran committee of the International Chamber of Commerce, said Iran tops what he termed “the club of 300”, defined as countries or regions that hold more than 300 Bboe of hydrocarbon reserves.
Iran holds 375 Bboe, according to Ghorban, with 11.6% of ...