Deputy Head of the National Iranian Oil Company (NIOC) for Engineering and Development Affairs Gholamreza Manouchehri says his company is in talks with several upstream companies for the development of 22 oil and gas fields in Iran.

South Zagros oil and gas fields have so far yielded as much as 1,377 billion cubic meters of natural gas, Iranian Central Oil Fields Company (ICOFC) announced.

Iran set a new record in the amount of the gas withdrawn from Shourijeh Gas Storage Facility by recovering 14 million cubic meters per day during winter.

The Iranian Central Oil Fields Company (ICOFC) is one of five major subsidiaries of the National Iranian Oil Company (NIOC). ICOFC has introduced 23 upstream and mid-stream projects, valued at $5.5 billion, for potential Iranian and foreign investors.

The managing director of South Zagros Oil and Gas Production Company (SZOGPC) said his company has produced 50 billion cubic meters of natural gas since March 2017, beginning of the current Iranian calendar year.

The National Iranian Oil Company (NIOC) says it will hold tenders for developing $5 billion worth of oil and gas projects in Iran during the new calendar year beginning on March 21.

Iran is ready to start gas flow to its neighbors and boost exports to current customers, a senior Iranian gas official said.

The Dey and Sefid Zakhour fields in Iran are among newly discovered gas reservoirs. The close distance between the two fields has led officials to consider their development together.

Sumar oil field, which was discovered in 2009 in the western province of Kermanshah, is jointly owned by Iran and Iraq. Sumar holds 475 million barrels of crude oil in place, 70 million barrels of which is recoverable. Iran plans to develop this field based on the new model of oil contracts: the IPC.

Germanys energy major, Wintershall, has submitted its proposal for developing Irans Dehloran Oilfield to National Iranian Oil Company (NIOC), which is now studying the plan.