Tag Archives: PETRONAS

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

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

Ghadir is the largest investment company listed on the Tehran Stock Exchange.

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

Aramco will take a 50% stake in select ventures and assets in the refinery and petrochemical integrated development project developed by Petronas.

The agreement was signed in Ahvaz by Tony Bowman. Schlumberger'.s president for production management.

NIOC says a second list of qualified companies will be made available soon.

Oil output in the Iranian field has reached 50 thousand barrels.

Russian companies have reportedly signed deals to study seven Iranian oil and gas reservoirs.

The Poles will study the field’s geological structure and its reserves in six months. and provide NIOC with the results.