As announced by the managing director of Iranian Central Oil Fields Company (ICOFC), 90 new development wells and 17 workover wells will be dug in the operational zone of South Zagros Oil and Gas Production Company (SZOGPC) in a course of five years.

Pre-registration for the exhibitors in 26th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2022) will start on Saturday (February 19) through the website of the exhibition.

An Iranian knowledge-based company has successfully designed and localized Free Point tools in the field of drilling oil and gas wells.

The Director of Integrated Planning of the National Iranian Oil Company (NIOC) announced that For the Iranian Central Oil Fields Company, 320 million cubic meters of gas has been planned to be added to its production capacity in the next eight years.

The CEO of the National Iranian Oil Company said: "Development and completion of phase 11 of South Pars Gas Field is one of the main priorities of the National Iranian Oil Company (NIOC).

The CEO of the South Zagros Oil and Gas Production Company announced a daily increase of 1.5 million cubic meters of the company's gas production capacity by launching two wells.

The CEO of Iran Gas Engineering and Development Company said that the capacity of Shurijeh Gas Storage Facility is planned to reach 40 million cubic meters per day.

Fars Province is the second largest province in terms of gas reserves, behind Bushehr Province. Fars Province has a gas production capacity of 114 mcm/d, mainly from the Aghar, Dalan, Tabnak, Shanol, Varavi and Homa fields.

Iranian President Ebrahim Raisi said that during a visit to Turkmenistan the relationship between the two countries was considered and Iran's advantage in transit of gas, as well as the issue of gas swaps between Iran, Turkmenistan and Azerbaijan were discussed.

Iranian Minister of Petroleum Javad Owji said: "The amount of oil sales has increased dramatically compared to last year."