Iran has discovered a big oil field on its part of the Caspian Sea, Mehr reported.
Early reports indicate that the newly discovered oil field contains from 8 to 10 billion barrels of oil. Iran’s oil minister Rostam Qasemi will reportedly make an official announcement on this discovery later.
In 2011, Iran discovered a natural gas field with a reserve of about 50 trillion cubic feet in its territorial waters of the Caspian Sea.
Iran launched first drilling platform the Amir Kabir, former Iran-Alborz in the Caspian Sea in 2009. The platform was constructed by Sedra company in the Neka coast.
The platform is located on the four bases. The platform was developed by Iranian engineers.
