Iran’s crude oil production continued its rise in November, hitting 3.128 million barrels per day (bpd), the latest report of the Organization of the Petroleum Exporting Countries (OPEC) showed.
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Iran is ready for promoting technological cooperation in gas industry with Russia, said the deputy oil minister for gas affairs on Friday.
Iran produced 3.128 million barrels per day (bpd) of crude oil in November, registering a 7,000 bpd increase compared to the previous month, according to OPEC’s latest monthly report.
Shahsavar Arghash, head of the Kish division of IOOC, tells "Iran Petroleum" that IOOC is for the first time repairing a drilling rig. He expressed hope that Alvand Rig would be ready in two years to allow for an output hike from the Siri oil field.
The National Iranian Oil Company (NIOC) managing director said the country’s oil production has jumped 60 percent since the 13th administration took office in August 2021.
Studies at NISOC have determined new planned guide capacity for six reservoirs, indicating a potential increase of 250 tb/d, 7% of current PGC. This would increase the company's potential output from 3.4 mb/d to 3.65 mb/d, generating approximately $7 billion in revenue.
Officials from Iran and China stressed the need to expand bilateral cooperation in the field of standards.
Iran’s Oil Minister Javad Owji said operations for completing 50 new projects worth $47.5 billion have started.
Gholamreza Nourani, the acting director of production at NISOC, tells “Iran Petroleum” the company increased its oil production by 47% in two years.
Sepehr and Jofeir oil fields in West Karoun, developed by Pasargad Energy Development Company, are set to launch soon, as part of the Iran 13th administration's global oil market strategy.
Iran plans to establish a joint venture with Chinese tech firms to use AI to digitalize oil and gas production and implement significant reforms.
At the end of the ninth Iran-Qatar Joint Economic Committee meeting on Monday, the two countries signed a comprehensive cooperation document in Tehran, the news portal of Iran’s Energy Ministry reported.
The governor of the Central Bank of Iran (CBI) traveled to Oman on Sunday, aiming to develop monetary and banking cooperation between the two countries.
South Zagros Oil and Gas Production Company (SZOGPC), affiliated with Iranian Central Oil Fields Company (ICOFC), is centered on enhancing production from the Aghar and Dey gas fields by 7 mcm/d.
The Tehran oil refinery plans to build an integrated petrochemical plant and upgrade product quality by establishing a continuous catalytic reforming unit, which converts low-octane naphtha into high-octane reformates for high-octane gasoline.
The coordination manager of the repair and maintenance department of Iran’s extraterritorial refineries said the second extraterritorial refinery of the country will be rebuilt in Syria’s Homs province.
The head of Iran’s National Petrochemical Company (NPC) has said two major petrochemical projects are going to go operational in southwestern Mahshahr port, Shana reported.
The 9th meeting of the Iran-Qatar Joint Economic Committee started in Tehran on Saturday aimed at expanding economic cooperation and bolstering the constructive interaction between the two countries’ private sectors.
Russians lauded engineering operations Iranian experts carried out in the development project of Phase 11 of the South Pars (SP) gas field, said President Seyyed Ebrahim Raeisi on Friday night.
Iranian judicial authorities on Thursday announced the seizure of two vessels over alleged smuggling of fuel in the Persian Gulf.