Tag Archives: OMV

Iran has signed MoU with some of big companies to study the joint fields with Iraq.

Present volume of Iran’s crude output stands at 3.8 million barrels according to secondary sources.

Iran needs foreign investment for repairs and upgrading of its oil and gas fields.

Azadegan'.s in-place oil is estimated at 33.2 billion barrels.

BP currently intends to continue to hold its ownership stake in the Rhum joint arrangement and act as operator.

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

The giant South Azadegan oilfield that is shared with Iraq. will be the first field to be tendered.

Total plans to sign a contract if Iran respects an international nuclear treaty and if the US sticks to it.

OMV has a long lasting partnership with Iran and entered the country in 2001.

Iran’s European customers purchase a total of 700.000 barrels of Iranian oil per day.