In line with the efforts to boost the oil prodcution in major Iranian oilfields, a mobile oil separator (MOS) has been installed and launched in South Yaran Oilfield near the Iraqi border, an official with the Petroleum Engineering and Development Company (PEDEC) said.
This week Iranian Oil Ministry is going to officially start a new plan that is aimed to be a new way for selling oil and tackling the pressures imposed by US sanctions on the country’s oil industry.
This week Iranian Oil Ministry is going to officially start a new plan that is aimed to be a new way for selling oil and tackling the pressures imposed by U.S. sanctions on the country’s oil industry.
An official with the National Iranian Oil Company (NIOC) said the company is planning to sign 10 production, maintenance and enhancement contracts with domestic firms within the next two months.
A number of heads of industrial chambers in different Iraqi cities, who had visited Tehran to explore cooperation opportunities of Iranian and Iraqi companies, assessed various solutions to increase participation of Iranian companies in Iraqi oil and gas projects.
The CEO of the National Petrochemical Company (NPC) said final decisions regarding the construction of a new petrochemical hub in the southwestern region of Mahshahr would be taken soon.
Iranian Oil Minister Zangeneh said “important changes” have been made to OPEC in a way that decisions made outside OPEC can no longer be imposed on the body for ratification.
Iran’s Oil Minister Bijan Namdar Zanganeh voiced Iran’s support for an agreement between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers, saying, however, that such an agreement would be meaningless without an internal understanding inside the organization.
Plans are under way to bring Iran’s oil refining capacity to 2.4 million barrels per day by the end of the current Iranian calendar year to March 20, 2020.
The National Iranian Drilling Company (NIDC) successfully spudded 28 oil and gas wells over the first three months of the current calendar year, which began on March 21.