The official expounded that the recovery factor in the two joint fields is intended to climb from the current 5.5 or 6 to approximately 20 per cent.
Read More »Iran. Azerbaijan to launch Astara-Astara Railway Soon
A total of 8.5 kilometers of the 100-km railroad has been built which includes a rail bridge over Astarachai river.
Read More »Official: Iran-Turkmenistan Gas Cooperation Deal Valid for Next 5 Years
Turkmenistan wants to receive gas price for Iranian years of 1386-87 the amount of 1.8 billion dollars - Iran made objection to.
Read More »Oil Giants Eager to Cooperate in Development of Iran`s Key Oilfields
Manouchehri estimated that the first tender to develop South Azadegan oil field will be invited in the first quarter of 2017.
Read More »Senior MP Urges Iran. Turkmenistan to Broaden Strategic Energy Cooperation
According to Iran'.s Petroleum Ministry. Turkmenistan has finally agreed to continue its gas exports to the Northern Iranian provinces.
Read More »South Korea`s Daelim Wins Deal to Develop Iran`s Oil Refinery
Since its first contract with Iran in 1975. Daelim has carried out more than two dozen construction projects there worth a total of $4.55 billion.
Read More »South Korea to Help Iran Construct Shipyard
Daewoo Shipbuilding said the deal will help it make inroads into Iran'.s shipbuilding market. and export related equipment.
Read More »NIOC. Tenco Ink MoU to Study Oil. Gas Fields
Russia'.s Lukoil and Malaysia'.s oil giant Pertamina are also conducting surveys on AbTeymour and Mansouri Oilfields.
Read More »Min: Gas Debate with Turkmens Reportedly Settled
Iran currently imports 10 million cubic meters of gas a day from Turkmenistan.
Read More »Iranian Contract with Turkmen Gas In Place for Next Five Years
Turkmenistan wants to receive gas price for Iranian years of 1386-87 the amount of 1.8 billion dollars - Iran made objection to.
Read More »