Iran | Egypt Oil & Gas - Part 11
Iran to Start Oil Production from Azar Joint Field
The CEO of Oil Industries Engineering and Construction (OIEC) Group, Gholamreza Manouchehri, announced that the first phase of production from Azar joint oilfield will start soon, SHANA reported. In an interview with ...
IOOC Studies to Raise Persian Gulf’s Production by 740 mmbbl
The Iranian Offshore Oil Company (IOOC) has conducted fast track comprehensive projects on four oil fields in the Persian Gulf, aiming to raise the estimated oil reserves by more than 740 million barrels (mmbbl), SHAN...
Iran’s Parliament Cuts Oil Exports Target to 1.5 mmbl/d
The Iran’s parliament reduced the government’s oil export target to 1.5 million barrels per day (mmbl/d) from 2.3 mmbl/d to manage expectations, S&P Global Platts reported quoting Iran’s News Agency (I...
South Pars Starts Drilling Operations at Phase 11
Iran began drilling operations at phase 11 of the South Pars oil field last week with aim of recovering natural gas in March 2021. The field is rich with natural resources with estimates of 14.2 trillion cubic meters...
Iran to Start Gas Production from Phase 11 in 2022
Iran will start to produce natural gas from Phase 11 of the South Pars gas field during H2 of the next Iranian calendar year beginning on March 21, Reza Dehghan, Deputy CEO for Development and Engineering Affairs at N...
Iran Plans to Hike Oil Production in 2021
Iran is planning to raise oil production in 2021, as it expects a loosening of US sanctions after Joe Biden becomes president. Iranian Oil Minister, Bijan Namdar Zanganeh, told lawmakers that Iran is going to pumps 4....
Iran to Increase Oil, Gas Exports With New Energy Complex
A senior Iranian official, Ali Karani, has attested that oil and gas exports will increase by building energy complexes in the province of Khuzestan, according to IRNA. So far, the Iranian Ministry of Industry, Mine, ...
Iran Converts 2 mmbbl of Petroleum Products Daily
Iran’s refineries have the capacity to turn 2 million barrels of crude oil (mmbbl) into petroleum products daily, Secretary-General of Iran’s Oil Refining Industry Contractors Association (ORICA), Nasser Ashouri, stat... 
