Iranian Oil Minister Javad Oji has said the country requires at least $22 billion of investment to maintain the production level of the country’s gas fields over the next six to eight years, ILNA reported.
Over 1,800 billion cubic meters (bcm) of natural gas has been produced from the giant South Pars field in southern Iran since the beginning of the field’s development up to March 20, according to Pars Oil and Gas Company (POGC) which is in charge of developing the huge gas field.
Indigenizing the technology for the manufacturing of some special parts and equipment in the implementation of the development project of the phase 14 of Iran’s South Pars gas field has saved the country $170 million, head of the Industrial Development and Renovation Organization of Iran (IDRO) announced on Tuesday.
National Iranian Oil Company (NIOC) has signed a $1.78 billion deal with a domestic company called Petropars for the development of Farzad-B gas field in the Persian Gulf, Shana reported.
The operator of the phase 14 development project of South Pars Mr. Mohammad Mehdi Tavasoli-Pour said that the steam unit of the phase 14 is ready for production,
TEHRAN (Iran News) – Two South Pars platforms belonging to Phases 22 to 24 of SP gas field were loaded on Wednesday. The two structures, including a satellite and a main platforms, are the final structures to be installed in the offshore project. According to the Pars Oil and Gas Company (POGC), Ali Asghar Sadeghi, […]
TEHRAN - The third offshore platform of phases 22 to 24 of the South Pars gas field was loaded at SADRA Yard in Bushehr on Wednesday.
TEHRAN - The CEO of Pars Oil and Gas Company (POGC) said the onshore refining unit of Phase 14 of supergiant South Pars gas field would become operational by November 2019.
TEHRAN – Oil Minister Bijan Namdar Zanganeh hailed the CEO of the Pars Oil and Gas Company (POGC) over inauguration of Phases 13, 22 and 24 of South Pars gas fields.