The Azadegan field has oil-in-situ reserves of about 33.2 billion barrels and recoverable resources are estimated at about 5.2 billion barrels.
Read More »World`s Largest Semi-Sub Platform Arrives in Australia
The project is expected to produce approximately 8.9 million tons of LNG and approximately 1.6 million tons of LPG per year.
Read More »Russian Energy Minister will Attend EXPO-2017 in Astana
The Russian energy minister noted that the issue of gas supplies to Ukraine might be raised within the talks.
Read More »Iraq May Consider Avoid Crude Production
SOMO and Russia'.s Litasco have set up a joint trading company in Dubai to market crude.
Read More »Rising Efforts for Joint Fields` Development
We need to shift our focus to speeding up the development of shared oil and gas fields.
Read More »New Innovation: Plasma Jet Engines
An extraordinary metal is about to enter a super-cycle as demand is rapidly increasing and supply is vanishing.
Read More »Iran`s Tender for Azadegan Project ‘Within Days’
South Azadegan is believed to hold an in-place oil reserve of about 33.2 billion barrels.
Read More »EU Hopes to Negotiate with Russia over Nord Stream 2
Russian state gas exporter Gazprom is keen for Nord Stream 2 to be built by 2019.
Read More »Rosneft. Eni and CNPC Aim to Join Eurasia Project
Eurasia project involves the exploration of deep laying horizons of the Caspian Basin.
Read More »OPEC Members Greet Rouhani Victory in Election
OPEC and non-OPEC countries agreed to extend production cuts for nine months.
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