Tag Archives: Iranian Private Sector Companies

Over recent years. the South Pars Phase 11 (SP11) development project has been one of the most controversial projects in Iran.

Patforms B13 and D13 were installed in 2019.

Foreign direct investment (FDI) in Iran fell only slightly by %0.6. to $831 million. in the first nine months of the current local calendar year. showing that the country is finding its way around the US sanctions and pressures.

The CEO of the Petropars Group said his company had won a tender to develop a production maintenance and enhancement project in Forouzan Oilfield.

Iran could support deeper cuts in crude oil output of the Organization of the Petroleum Exporting Countries (OPEC) if a majority of the members agreed with it.

Total production from South Pars is currently around 630 mcm and is expected to near 700 mcm by March.

Touraj Dehqani. CEO of Petroleum Engineering and Development Company (PEDEC). has said the company plans to increase production from the Yadavaran oil field.

The giant structure was carried to the South Pars field aboard Barge 124FLB in the weekend.

The purpose of signing these contracts is to solve the problems of the fields considered in the deals and enhancing their recovery factor.

The development activities of the company in the joint fields of West Karoon and South Pars are seriously being pursued and their results are evident.