Iran’s Oil Minister Bijan Namdar Zanganeh says the development plans of Phase 11 of the South Par gas field, in the Persian Gulf, are underway by domestic experts, with the aim of producing 1 billion cubic feet of gas per day. “The first stage of Phase 11 development is aimed at producing 1 billion cubic […]

Tehran  – Iran’s oil exports to the West surged in May to their highest level since the lifting of sanctions in early 2016 and almost caught up with volumes exported to Asia, a source familiar with Iranian oil exports said. Iran, which used to be OPEC’s second biggest oil exporter, has been raising output since […]

TEHRAN, Sep. 09 (MNA) – The head of Society of Iranian Petroleum Industries Equipment Manufacturers Reza Khayyamian told the media about an upcoming meeting between Total and Iranian companies. “A meeting between representatives of Total Company and the Iranian manufacturers of oil industry parts and equipment will have been held by the current week’s Wednesday,” […]

The Director of Refinery No. 7 of South Pars Gas Complex said on Tue. that phases 17 and 18 of the Complex have increased butane production capacity up by 100 percent. Hassan Asa’adi told IRNA that the most distinguished and salient achievement of the refinery in last year [ended March 20, 2020] was the production […]

Tehran (NIOC) _ “Iran is a land of opportunities for investors in the oil industry within which Iranian experts implement high technical expertise and experience” is what Pedro Aquino, President and CEO of the Philippine National Oil Company Exploration Corporation (PNOC-EC) has stated about the industry.

Overhaul operations of 22 offshore platforms in the giant South Pars Gas Field have come to an end after 160 days. Head of Production Operations at the Pars Oil and Gas Company (POGC) said Tuesday the annual overhauls were aimed sustainable and sufficient supply of gas in different seasons, especially in the winter. Hadi Fakhrzadeh […]