Iran

  • Iran’s RIPI Signs MoU for Studying Gas reserves in Oman Sea

    Iran’s RIPI Signs MoU for Studying Gas reserves in Oman Sea

    Monday, 21st June 2021

    The Iranian Research Institute of Petroleum Industry (RIPI) has signed a memorandum of understanding with the Iranian National Institute for Oceanography and Atmospheric Science to cooperate in studying gas hydrate resources in Oman Sea.

  • Iran’s IOOC Starts Oil Filed Injection Project

    Iran’s IOOC Starts Oil Filed Injection Project

    Tuesday, 15th June 2021

    Iranian Offshore Oil Company (IOOC) along with National Iranian Tanker Company (NITC) has started to implement a project for injecting gas condensate into Soroush oil filed in the Persian Gulf to keep its production levels.

  • Iran’s NIOC Sets Plan to Resume Oil Production

    Iran’s NIOC Sets Plan to Resume Oil Production

    Sunday, 13th June 2021

    The Deputy Director of Production at the National Iranian Oil Company (NIOC), Farrokh Alikhani announced that his company has prepared a precise plan to resume oil production to the pre-sanctions levels in one week, one-month and three month intervals,

  • Iran to Reduce NG Air Pollutants by 70%

    Iran to Reduce NG Air Pollutants by 70%

    Monday, 7th June 2021

    Iran will reduce air pollutants produced from the natural gas industry by 70% during the upcoming three years.

  • OPEC+ to Increase Production in July 2021

    OPEC+ to Increase Production in July 2021

    Wednesday, 2nd June 2021

    The Organization of Petroleum Exporting Countries and its allies (OPEC+) plans to increase oil production in July 2021, however Saudi Arabia’s energy minister kept the market guessing about whether the group will add additional production later this year to keep pace with the global recovery, according to Bloomberg.

  • Iran’s NIOC to Award Contract to Petropars for Developing Farzad-B Field

    Iran’s NIOC to Award Contract to Petropars for Developing Farzad-B Field

    Monday, 17th May 2021

    The Iranian Oil Ministry announced that Petropars company will be awarded a contract worth $ 1.78 billion by the Ntaional Iranian Oil Company (NIOC) for developing the giant Farzad-B gas field.

  • Iran Commences Operation of Associated Gases Collection Project

    Iran Commences Operation of Associated Gases Collection Project

    Monday, 26th April 2021

    The Director of Production at the Iranian Central Oil Fields Company, Ahmad Rajabi, announced that Iran had started the operation of its project to collect associated petroleum gases (APG) at the Cheshmeh Khosh oil field which is located in the Ilam province, Western Iran.

  • Iran’s Annual Sweet Gas Production Increases by 6%

    Iran’s Annual Sweet Gas Production Increases by 6%

    Sunday, 28th March 2021

    Iran has achieved 6% increase in the annual production of sweet gas despite the lockdowns and obstacles being resulted from coronavirus outbreak.

  • Iran’s Azar Joint Field Total Production Records 36 mmbl

    Iran’s Azar Joint Field Total Production Records 36 mmbl

    Tuesday, 2nd March 2021

    The executor of Azar joint field’s development project, announced that the Iranian Azar joint field has recorded total production of 36 million barrels (mmbl).

  • Iran Achieves Self-Sufficiency in Pipeline Construction

    Iran Achieves Self-Sufficiency in Pipeline Construction

    Wednesday, 24th February 2021

    The CEO of the National Iranian Oil Engineering and Construction Company, Saeed Sattary Naeini, announced that Iran has achieved self-sufficiency in construction and implementation of the oil and petroleum products transmission pipelines.