Over recent years. the South Pars Phase 11 (SP11) development project has been one of the most controversial projects in Iran.
Read More »Iran Ends Monopoly of Building Key Oil Industry Items
The CEO of Iranian Oil Terminals Company announced construction of the NQ900 electric actuator and automatic sampler controller by local experts.
Read More »COVID-19. Main Culprit in Recent Oil Price Fluctuations
Iranian Minister of Petroleum Bijan Zangeneh says that coronavirus is to blame for recent price fluctuations in the oil market.
Read More »3rd South Pars Phase 13 Platform Installed
The third offshore platform of the supergiant South Pars gas field has been installed.
Read More »Zangeneh Talks with Russia’s Novak Prior to OPEC Meeting
Iranian Minister of Petroleum Bijan Zangeneh discussed topics regarding the upcoming OPEC meeting with his Russian opposite number Alexander Novak.
Read More »Iran Envoy to Austria. OPEC Secretary-General Meet in Vienna
The Iranian ambassador and permanent representative to international organizations in Vienna met with the OPEC secretary-general to discuss the oil market developments.
Read More »Over 70% of Oil Industry Equipment Localized
A senior Iranian industrial official says the country has indigenized manufacturing of over 70% of the equipment used in the petroleum industry.
Read More »IPIEMA Localizes Strategic Petchem Equipment
Iranian manufacturers had successfully localized building of compressors and extruders in the petrochemical industry.
Read More »Enhanced Oil Exports Mark Failure of Sanctions
That Iran’s oil exports increased from 0.9 mbd to nearly 3 mbd after the JCPOA is an indication of the fact that we smashed the sanctions.
Read More »Iran-Made Fath 72 Drilling Rig Unveiled
Fath 72 Drilling Rig. built by Academic Center for Education. Culture and Research (ACECR). has been unveiled in a ceremony attended.
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