Iran | Egypt Oil & Gas - Part 6

Iran, Turkmenistan, Azerbaijan Sign Trilateral Gas Swap Agreement

Iran, Turkmenistan and Azerbaijan have signed a three-way agreement for natural gas transportation between the three countries. Shana news agency announced. 

NIDC Drills 46 Offshore, Onshore Wells in Eight Months

National Iranian Drilling Company (NIDC) has drilled and completed 46 oil and gas wells in onshore and offshore fields during the first eight months of the current Iranian Calendar year which started on March 21.

Iran to Produce 940 mmcm/d of Natural Gas in Winter

The CEO of the National Iranian Oil Company (NIOC), Mohsen Khojastehmehr, said that Iran’s natural gas production will reach 940 million cubic meters per day (mmcm/d) in winter.

South Pars Gas Production Reaches Its Peak

The CEO of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam announced that the production of natural gas from South Pars field reached the peak expecting to decline during the next four years.

Iran’s Petrochemical Production Grows by 8% in Six Months

The production control manager of the Iranian National Petrochemical Company (NPC), Seyed Jalal Mirhashemi, announced that Iran has achieved growth in its petrochemical production reached 8% year on year (YoY) dur ...

Iran to Barter Oil for Funding Petroleum Projects

Iran is planning to exchange crude oil with other raw materials, equipment and investments in order to use the revenue in completing the semi-finished petroleum projects.

Iran, Iraq Discuss Potential Natural Gas Trade Deal

The CEO of the National Iranian Gas Company (NIGC), Majid Chegeni, expressed its readiness to extend its gas export deal with Iraq.

Iran Plans to Invest $4 billion in Oil Projects in Ilam Province

Iranian Petroleum Minister Javad Owji announced that his ministry will contribute $4 billion in investments to developing oil and energy projects at Ilam province, a press release issued by the National Iranian Oi ...

84% of South Pars Wells Connected to Production line

The CEO of Pars Oil and Gas Company, Mohammad Meshkinfam, announced that 336 wells out of total 400 wells, representing 84%, at South Pars filed are connected to the production line.

Iran’s POGC to Drill New Well at South Pars

Pars Oil and Gas Company  (POGC) announced that it intends to drill new well at South Pars offshore gas filed with the aim of preserve the field’s production.

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