New oil. gas fields discovered in Iran

The director of the National Iranian Oil Company`s Discovery Department said that cooperation with international companies for exploration of oil fields is continuing as new fields have been discovered in 2017 and 2018.

 

`We are working in three parts of the exploration of new fields. new reservoirs and increasing the volume of discovered fields.` Seyyed Saleh Hendi said at the news conference on Monday evening.

 

“We have had good achievements in all three sections. There are about 40 discovered and developed oil reservoirs in the country. which indicates that the exploration sector is ahead of production and development.` he said.

 

He noted. `After the new US sanctions against Iran. no problem has happened and the plans for the discovery have not changed.`

 

`Sanctions are accelerating the development of domestic capabilities.` he said. adding. `Some years ago. we were begging for foreign and even Chinese companies to buy some drilling equipment. but today we have become self-sufficient in this field.`

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