Completion of Overhaul in Agar and Dalan Operational Region
The overhaul of Agar and Dalan operational region was successfully completed with the aim of increasing the reliability of maintaining gas production capacity in winter.
With the aim of maintaining oil production in ICOFC:
Drilling and completing two wells in Danan oil field Implemented
In order to increase the oil production capacity of the Iranian Central Oil Fields Company, drilling of two wells in Danan oil field in Ilam province was completed.
Golden Year for ICOFC in Oil/Gas Output Hike
Iranian Central Oil Fields Company (ICOFC), a subsidiary of National Iranian Oil Company (NIOC), fulfilled entirely its obligations...
Study MoUs for Developing Azadegan Field to be Signed
The National Iranian Oil Company (NIOC) is to sign study memoranda with local E&P firms for the development of Azadegan Oilfield.
ICOFC Receives Energy Management System Certification
The Iranian Central Oil Fields Company (ICOFC), as the largest producer of gas in the countrys land fields, has received the standard certification of energy management system (ISO50001: 2018) for observing international standards while boosting its productivity.
Non-State Oil Industry Research, Technology Fund signs Deals
The Non-State Oil Industry Research and Technology Fund has signed two contracts for guaranteed purchases and two contracts for venture capital.
NIOC Eyes Capturing 1,6 bcf/d of APG: CEO
The CEO of the National Iranian Oil Company (NIOC) said the company has plans to collect associated petroleum gas (APG) by 1.6 billion cubic feet per day in the operational areas of Khuzestan and Ilam provinces.
One of Most Applied Oil Industry Equipment Localized
The three-phase oil separator tank has been localized by the Iranian Central Oil Fields Company.
Biggest Oil/Gas Opportunity in Iran
Oil sanctions against Iran remain effective. But the country says it would export 2.3 mb/d of oil and condensate this year. Many experts believe that Iran’s return to the oil market is unlikely to cause any shock.
Azar Field Output at 65,000 b/d
Iran invested over $1.4 billion in the jointly-owned Azar oil field despite US sanctions.