Tag Archives: Lukoil

Iraq and Iran are the countries where oil production is expected to see the highest growth over the next decade.

The field holds 2.5 billion barrels of crude oil and is expected to produce up to 65.000 bpd.

The Presidents of Russia and Iran will meet at the end of March in Moscow.

The NIOC has published a list of foreign companies declared as eligible for bidding in tenders.

The company was also ready to consider the options of its participation in other consortiums regarding the development of Iranian oil fields.

Tatneft had signed a memorandum of understanding in October to study the Dehloran oilfield in western Iran.

According to Pertamina'.s proposal. the number of oil wells in Abteymour field will increase from the current 50 to 257.

The tender is organized by National Iranian Oil Company (NIOC).

Iran can draw on Pertamina'.s experience in this field.

An MoU had been inked with Pertamina over boosting recovery factor in two oilfields.