BAKU, Azerbaijan, May 6. Iranian Offshore Oil Company (IOOC) has saved approximately three million euro through the localized production of automatic circuit breakers, Trend reports via the company.
The cost saving was achieved due to the domestic manufacturing of low-voltage circuit breakers originally produced by the French Hazemeyer company, which are installed on the Nasr oil platforms located in Hormozgan Province, southern Iran.
These French circuit breakers were originally installed on the Nasr platforms in 1991 and 1997, and after decades of use, they had become outdated and non-functional, leading to various operational issues in processing activities on the platforms.
Iranian local companies have now estimated the total cost of producing all necessary circuit breakers at approximately $380,000, resulting in significant savings for the company.
The successful replacement and commissioning of these circuit breakers marks the beginning of a phased upgrade of electrical equipment on the Nasr platforms, aimed at ensuring more reliable and modern infrastructure.
On the Nasr oil platforms, crude oil extracted from the Sivand, Dena, Nosrat, and Alvand oil fields is partially processed and then transported via a 33-kilometer, 16-inch pipeline to Siri Island for further processing.
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