Sonoran Energy, Inc. President and CEO Peter Ostenfeld-Rosenthal announced earlier this week that the Company has assembled a consortium of International companies to pursue development of several large oil fields in the Middle East.
The consortium, which includes Sonoran Energy, COWI, and France's Eurovia, intends to conduct feasibility studies of selected oil fields in the Region.
"This strong group of companies has the clout to undertake a comprehensive survey of the targeted oil fields," said Sonoran Energy Chief Executive Officer Peter Ostenfeld-Rosenthal. "We now have two influential partners in place to make full development of these fields possible including international multidisciplinary consultant COWI and Europe's largest road construction company Eurovia."
The consortium will immediately commence an extensive survey of several identified fields in the Region. The study will explore a number of areas including the feasibility of refinery location, transportation routes and economic viability of the targeted fields. (menareport.com)
© 2004 Mena Report (www.menareport.com)
