An Iranian official says that the country is teeming in oil exploration potentialities.
Read More »Iran Self-Sufficient in Oil Exploration
The deputy director of development and engineering affairs at the National Iranian Oil Company says Iran is fully self-sufficient in exploration activities.
Read More »Iran Reports New Natural Gas Field with 19 tcf Reserve in Fars Province
Iran’s natural gas reserve is the world’s second largest.
Read More »Iran Oil Industry Developing Despite Sanctions
A senior Iranian oil official said that the industry is developing in the country despite the US’ economic sanctions.
Read More »Iran to Begin SP.11 Development Before March 2020
An official with the National Iranian Oil Company (NIOC) said that the development project of South Pars Phase 11 would commence this Iranian calendar year (ending on March 20).
Read More »Iran Signs $6.2bn Worth of Contracts to Increase Oil Output by 280.000 bpd
10 out of a package of 33 contracts had been signed with companies and manufacturers based in Iran.
Read More »Iran Is Seeking Investments to Boost Crude Oil Production to 4.8 Million Bpd by 2022
Currently. Iran’s oil output stands at 3.8 million barrels per day. despite numerous statements that the country reached its pre-sanction production level of 4 million bpd.
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