Karan holds an estimated 9.6 billion barrels of in-place oil.
Read More »Iran and OPEC
.Production increased throughout 2016. rising from 2.94 million bopd in January to 3.7 million bpd by November
Read More »NISOC. Pasargad Energy Co. Sign Oilfield Agreement
.NISOC signed preliminary agreements last year with Schlumberger. the world'.s leading oilfield services provider
Read More »Schlumberger to Submit Development Proposal for 3 Iranian Oilfields
The agreement was signed in Ahvaz by Tony Bowman. Schlumberger'.s president for production management.
Read More »Iran Ready to Enhance Cooperation with US Oil Giants
Iran foresees no challenge in forming oil cooperation with America as positive signs can be already seen in this regard.
Read More »Schlumberger Waiting for Rise in Global Oil Spending
The world’s largest oilfield service provider sees international spending picking up in the second half of the year and into 2018.
Read More »Iran to Approve More Companies for Oil. Gas Tenders
Russian companies have reportedly signed deals to study seven Iranian oil and gas reservoirs.
Read More »Tehran to Hold 1st IPC Tender in January
The new IPC has more flexible terms that take into account oil price fluctuations and investment risks.
Read More »Iran Issues List of 29 Companies Approved to Bid in Oil. Gas Tenders
BP had opted out of the bidding because of concerns over possible renewed US-Iran tensions after president-elect Donald Trump takes office on Jan. 20.
Read More »4 Asian Countries Increase Oil Imports from Iran
India topped China'.s imports for a third straight month as its imports from Iran grew more than four-fold from a year earlier to 620.000 bpd.
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