Tag Archives: Drilling

The National Iranian Drilling Company (NIDC) has successfully completed drilling operations on 88 oil and gas wells over the first 9 months of the current calendar year.

The remaining platforms of phases 13. 14 and 22-24 of the giant offshore South Pars gas field are set to become operational by the end of the current calendar year.

Ahmad Shirzadi. exploration director at Khazar Exploration and Production Company (KEPCO). has announced the start of two major projects within areas run by this company.

A drop in US crude inventories helped oil prices to stay near three-month highs.

The GOGPC has signed 54 deals with local manufacturers for production of oil industry items and parts over the first half of the current calendar year. which began on March 21.

The partial trade deal that the U.S. reached with China should help make the global oil market more stable. Eni SpA Chief Executive Officer Claudio Descalzi said in a Bloomberg Television interview.

Gachsaran Oil and Gas Production Company (GOGPC) has signed 54 deals with local manufacturers for production of oil industry items and parts.

Karoon Oil &. Gas Production Company had invested over a billion dollars to prevent gas emissions in its operations which was currently 95% complete.

The National Iranian South Oil Company (NISOC) has provided a list of 7.500 items to be developed by local manufacturers.

The big three oil producers in China were expected to spend $77 billion on oil developments this year.