Tag Archives: Development

The investment to develop non-conventional hydrocarbons of Vaca Muerta. in the areas of Aguada Pichana and Aguada de Castro will be made through December 2021.

Azerbaijan imports Premium gasoline and its free price. as it is known. is quite high in the market.

Under the terms of the deal. Iran’s Petropars is committed to finance the study phase of the project while Toyo of Japan will undertake financing of its executive phase.

The development of Phase 11 of the South Pars project will cost up to $5 billion.

Concluding Contracts with topnotch firms can positively impact the country'.s economy in the long run.

The first and second stages of the project would become operational in 40 months and 60 months respectively.

At least nine Russian companies have voiced willingness to help Iran develop its oil and gas fields.

The Barakah Plant. located in the Al Dhafra Region of Abu Dhabi Emirate. is currently the largest single nuclear energy '.new build'. project in the world.

Total will operate the SP11 project with a 50.1 percent interest. while Iranian Petropars Company and the Chinese CNPC will have a share of 19.9 and 30 percent. respectively.

IDRO received an Oil Ministry permit to conduct studies on the field in May.