Tag Archives: Iran

The Iranian Offshore Oil Company (IOOC) has successfully indigenized the technical savvy for production of wellhead reducer to be used in South Pars Oil Layer (SPOL).

Referring to the dispute resolution mechanism which was activated by France. Britain. and Germany. Iranian Foreign Minister Mohammad Javad Zarif said.

New downhole pumps were being installed in North Yaran Oilfield which would increase the field’s oil output by the end of the current Iranian calendar year to March 20 2020.

The presence of smart local private sector companies would be eye-catching in materialization of the third petrochemical leap of the country.

Iran has launched Phase 2 of Takht Jamshaid Mahshahr Petrochemical Plant.

The S1 Platform of Salman Oilfield. built by relying on domestic capabilities. has been loaded from Khorramshahr Yard.

Iran’s Energy Ministry said the country’s electricity network has become one of the best in the world in terms of reliability by avoiding any blackout for the past 16 years.

A new decision by France. Britain and Germany to trigger the dispute mechanism in the Joint Comprehensive Plan of Action (JCPOA) is nothing new as Iran employed the process more than a year ago.

Referring to the dispute resolution mechanism. EU Foreign Policy Chief Josep Borrell said that the preservation of the JCPOA is now more important than ever.

Russian Deputy Foreign Minister Sergey Ryabkov expressed concerns over the decision of the European signatories to the JCPOA to trigger dispute mechanism.