The purpose of signing these contracts is to solve the problems of the fields considered in the deals and enhancing their recovery factor.
Read More »Petchem Industry at Forefront of Iran’s Non-Oil Exports
In this industry. great work has been done in creating knowledge. indigenizing technologies. and cooperation with universities.
Read More »Petropars will Develop Farzad B Gas Field
An investment of $75 million was to be made in the project by tapping the domestic resources of NIOC in the first phase.
Read More »Iranian Oil Minister to Meet OPEC’s Barkindo in Vienna
Zanganeh did not speak to reporters upon arrival in Vienna for the OPEC summit.
Read More »New Oil Field is Iran`s Second Largest
Exploration started at the site in 2016. with 31 billion barrels previously discovered.
Read More »Upcoming OPEC Meeting to Discuss Output Reduction
OTC had so far been awarded €3.6 billion in projects which had been fully delivered.
Read More »Oil Minister Sees more Output Cuts by OPEC at Next Meeting
Iran expects further production cuts to be agreed at the next meeting of OPEC in December.
Read More »U.S. Fails to Halt Iran`s Oil Industry Development
Oil and gas exploration continues across Iran. and the country'.s oil and gas reserves have been developed.
Read More »Iran Reports New Natural Gas Field with 19 tcf Reserve in Fars Province
Iran’s natural gas reserve is the world’s second largest.
Read More »Export of Oil is Iran`s Legitimate Right. Says Oil Min.
Iran Oil Minister Bijan Zangeneh told Sputnik that export of oil is Iran'.s legitimate right and for doing that the country would employ any methods and would not give up in the face of US sanctions.
Read More »