Offshoreoil and gas fields havedifferentdevelopmentplans which depend on thedifferencesin reservoirproperties, fieldlocatedMarineconditionsand development construction's targets.
China National OffshoreOil Corp: China National OffshoreOil Corp (CNOOC) signed a memorandum of understanding with Iran in 2006 to develop the Northern Pars gasfieldand build liquefied natural gas installations.