Iran Ranks 1st in World Oil and Gas Discovery in 2019
The National Iranian Oil Company (NIOC) ranked first among the worlds largest oil companies in terms of total oil and gas discovery in 2019, with the discovery of 4.973 billion barrels of equivalent hydrocarbon reserves.
Iran Oil Show to Kick off in October
The 25th International Exhibition of Oil, Gas, Refining and Petrochemicals will be held from October 12 to 15
Iran Gas Exports at 16bcm
Iranian Minister of Petroleum Bijan Zangeneh said the country’s natural gas exports amounted to 16 billion cubic meters per year.
Iran Eyes 185k b/d Enhanced Oil Output Capacity in New Projects
Iran will add over 185,000 barrels per day to its oil production capacity by carrying out 13 projects aimed at enhancing and maintaining oil recovery in the country’s fields.
ICOFC conducting 4 research projects with local universities
Iranian Central Oil Fields Company (ICOFC) has started four research projects in collaboration with the country’s major universities and research institutions.
ICOFC Boss: Jump in Output across Iran
Known as the largest strategic onshore gas producer in Iran, ICOFC has been assigned the mission to develop onshore fields located in the provinces of Lorestan, Kurdestan, Kermanshah, Markazi, Qom, Ilam, Khorasan, West Azarbaijan, East Azarbaijan, Ardebil, Fars, Bushehr, Hormuzgan, Chahar Mahal and Bakhtiari and Khuzestan.
ICOFC to Invest $600-million for New Gas Pressure Station
Iranian Central Oil Fields Company has planned to implement a $600-million to construct pressure boosting stations to ensure sustainable gas supply to refineries in the country’s central regions.
Sumar, Dey & Sefid Zakhour Investment Attractiveness
Sumar oil field, which was discovered in 2009 in the western province of Kermanshah, is jointly owned by Iran and Iraq. It holds 475 million barrels of crude oil in place, 70 million barrels of which is recoverable.
Danan, Cheshmeh-Khosh Investment Potential
Danan oil field in Ilam Province is located along Iran’s border with Iraq. It lies 80 kilometers northwest of Andimeshk and 30 kilometers southeast of Dehloran. The field incorporates Bangestan and Asmari reservoirs.
Gas Reproduction from Shourijeh D Storage Facility Grows
Gas reproduction from Shourijeh D storage facility, which is the only gas storage facility in the Northeast part of the country and the largest storage facility in the Middle East has increased by 43% compared to the same period last year.