Tag Archives: Azadegan Oil Field

30-thousand-barrel rise in daily production of South Azadegan oilfield by the end of the current Iranian calendar year

.Iran is the world’s third largest producer of gas

Lukoil signed several memorandum of understanding with NIOC last year.

Iran is developing the giant South Pars field in 24 phases.

Preparation of the draft of oil deals has made 90% progress and the documents will be most likely ready by next week.

NIOC says a second list of qualified companies will be made available soon.

The pumping station is expected to start operations by March. the end of the current Iranian fiscal year.

French energy major Total S.A.. Anglo-Dutch major Royal Dutch Shell and Japan'.s Inpex are in the race for developing the Azadegan Oilfield.

Oil output in the Iranian field has reached 50 thousand barrels.

Russian companies have reportedly signed deals to study seven Iranian oil and gas reservoirs.