Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The cost of developing the fields is estimated at $674 million. with an additional $68 million in indirect costs.
Read More »Iran. Russia Sign Deal to Develop Two Oil Fields
Iran Mulls Forming Consortium with Indian. Russian Oil Companies
IDRO is considering forming a consortium with the Indian and Russian companies.
Read More »Iraq`s New Oil Licensing Round Delayed by Upcoming Elections
Previous bidding rounds had specific contract models that covered costs and paid a remuneration fee for production.
Read More »Zarubezhneft Signs MOU in Iran on Oilfield Development
IDRO Oil is a subsidiary of the Industrial Development and Revolution Organization (IDRO) of Iran.
Read More »Russia`s Tatneft Ready to Help Iran Develop Oilfields
The Tatneft Company. with headquarters in the Republic of Tatarstan. is the fifth largest oil producer in Russia and participates in more than 77 oil fields as an operator.
Read More »Official Sees Oil. Gas Deals in 3-4 Months
Total was the first Western oil major to sign a $4.8 billion deal with Iran in July 2017 to develop and operate phase 11 of Iran’s South Pars.
Read More »Battle to Put Out Burning Oil Well Worked
Rag Sefid field. holds an estimated 16.5 billion barrels of crude oil in place.
Read More »Iran to Sign Over $20b of Energy Contracts in 2018
France'.s Total signed a $4.8-billion contract in July to develop the South Pars Gas Field.
Read More »Main Contract for Iran’s South Pars Field to Be Awarded after Trump’s Clarity
Total has a 50.1 percent share in the 20-year deal. The state-owned China National Petroleum Corp. has a 30 percent stake and Iran’s Petropars has 19.9 percent.
Read More »NIOC Discussing for 10 Oil. Gas Deals with Russia
Technical negotiations with Lukoil on Mansouri and Abteymour oilfields had already been finalized.
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