Crude production from Iran’s South Azadegan oilfield will rise to over 140,000 barrels per day (b/d) by the end of March 2018, an Iranian official told Shana. The field currently produces 80,000 b/d. The increase will...
Iran increased its oil production from South Azadegan by 30,000b/d after being stuck in the 50,000b/d range for years. Operator of the Field’s Development Project, Touraj Dehghani, stated to Shana News that prod...
Iran has begun first oil production from North Yaran field shared with Iraq after years of delay. The development manager of the field, Arash Baqerzadeh, said that the production from the field has begun with 30,000b/...
Naftiran Intergraded Company Sàrl, Swiss-based subsidiary of the National Iranian Oil Company (NIOC), and France’s Total will sign oil swapping deal for around 200,000b/d. This agreement signals the revival of o...
The National Iranian Oil Company (NIOC) has signed seven new initial agreements with firms including Austria’s OMV, France’s Total, Germany’s Wintershall, Indonesia’s Pertamina, Russia’s...