Azar oilfield is on the verge of hitting a production capacity of 65,000 barrels of oil per day by using the ancillary facilities of the Central Processing Facility.
A senior official at Iran’s Persian Gulf Star Refinery (PGSR) said that the domestic companies operating in the oil and gas industry are receiving more support.
The Petropars Group and the National Iranian Drilling Company have inked an MoU to cooperate in the implementation of oil and gas projects.
Chief Executive of Esfahan Oil Refining Company on Monday said that plans are underway to increase Euro-5 diesel production volume to 20 million liters.
Iranian President Hassan Rouhani called for boosting the production of oil byproducts and minimizing exports of crude oil.
An Iranian company is going to take over a drilling project in phase 11 of the country’s South Pars gas field.
Iran oil minister consulted with several foreign officials about plans to restore stability to the global oil market ahead of a meeting between OPEC and its allies.
During 15 days beginning from March 21, the National Iranian Drilling Company (NIDC) has drilled six oil and gas wells.
The fourth and last deck of Phase 13 of South Pars Gas Field was installed, announced the project’s contractor.
The MAPNA Group, an energy engineering conglomerate, has won a $1.4 billion worth contract with a subsidiary of Iran’s oil Ministry to develop two oil fields in Khuzestan.