The first platform of phases 22-24 of South Pars gas field starts operation, Farhad Izadjou, the operator of these phases, announced. Izadjou put the daily gas production in this platform, which belongs to phase 22, at 14.2 million cubic meters (mcm), IRNA reported on Saturday. Phases 22-24 are expected to produce 56 million cubic meters […]

Production of rich gas has started from the first offshore platform of phase 22-24 of the supergiant South Pars gas field, the project manager said. According to Pars Oil and Gas Company (POGC), the platform is operational and can recover 14.2 million cubic meters per day of natural gas from the massive joint field in […]

 Iran has so far generated a total of 250 billion dollars by recovering hydrocarbons from the supergiant South Pars gas field in Persian Gulf waters since the field’s development began, an official said. Addressing a press conference on Saturday, CEO of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam said the country had so far […]

 The second platform of Iran’s South Pars gas field’s phase 13 of development was installed on its designated offshore spot on Monday, Public Relations Department of Pars Oil and Gas Company, which is in charge of developing the gas field, announced. The first platform of this phase was installed on its offshore spot on December […]

Production of gas was started in platform 14C of South Pars gas field (Iran shares with Qatar in the Persian Gulf), operator of phase 14 of developing the gas field announced on Saturday. Hamidreza Masoudi said platform 14C has the daily capacity of extracting 500 million cubic feet (14.1 million cubic meters) of sour gas, […]

 Iranian Oil Minister Bijan Namdar Zanganeh said Iran will refund French oil and gas major Total’s investments in the phase 11 of South Pars gas field but not until the project becomes operational, Shana reported on Saturday. “Total is not supposed to pay a sum as a penalty to Iran, but the money that this […]

TEHRAN- The daily production of gas from Iran’s South Pars gas field (shared with Qatar in the Persian Gul) will increase 56 million cubic meters (mcm) in the next Iranian calendar year (starting on March 21, 2018), according to the managing director of Pars Oil and Gas Company (POGC), which is in charge of developing […]

 Spokesperson for the Energy Commission said Tue. that all equipment and investment by Total in developing Iran’s South Pars project will remain in the country despite the French energy giant’s exit. Asadollah Gharehkhani, Spokesperson for the Energy Commission at Iran’s Parliament, said Total terminated a contract to develop Phase 11 of Iran’s South Pars energy […]

Ahmad Pourheydar, the Director General of the Customs Department of the Pars Special Economic Energy Zone (PSEEZ), said that South Pars gas field export has seen a 22% rise in the past 4 months. The South Pars natural-gas condensate field in the Persian Gulf is the mecca of energy production in Iran and despite US […]

The Chairman and Managing Director of Pars Oil and Gas Company Meshkinfam said that 6 new gas rigs will get operational by March 2019. “We will have 6 new gas rigs come on line by the end of the year [1397 of Iranian calendar on March 21, 2019] to increase the production of the South […]