The head of maintenance at the South Pars refinery announced that a major overhaul of the mercaptan removal unit has prevented the daily waste of over 27.5 million cubic meters of standard gas.
SOUTH PARS Feed Atom
Global Crude Oil Price Today January 8, 2025
The price of a barrel of Brent North Sea crude rose by 29 cents, or 0.38 percent, to $77.34 a barrel today. US West Texas Intermediate crude also rose by 38 cents, or 0.51 percent, to $74.63 a barrel.
Oil Minister Mohsen Paknejad emphasized the urgency of the South Pars pressure boost project, stating it is “more needed than daily bread” for Iran.
The first private sector oil dock in the South Pars region has successfully entered operational service after completing its first fueling operation.
Petropars Group's CEO reported a surge in gas production from Phase 11 of South Pars (Well No. 12) following acidizing operations, citing unity and collaboration within the group.
The project manager for the development of Phase 11 of South Pars announced the completion of the acidizing operation on the seventh well of the SPD11B platform in the shared South Pars gas field.
The deputy for operations and support at Pars Oil and Gas Company (POGC) announced a record daily production of 714 million cubic meters (mcm) of gas at the South Pars field.
The South Pars Gas Complex's third refinery produced 14.086 million barrels of gas condensate in the first nine months of the current Iranian year (started March 20), according to refinery director Mohammad-Shafi Moazeni.
The managing director of Pars Oil and Gas Company (POGC) announced that the first gas well of the South Pars Infill Drilling Project will be operational within the next month.
Iran's oil minister plans to sign $6 billion contracts for pressure enhancement at South Pars gas field, a top priority due to potential reservoir pressure decline.
The CEO of the South Pars Gas Complex announced a 1.2 billion cubic meter increase in natural gas injection to the main national pipeline during the first eight months of this year compared to the same period last year.
The CEO of the Pars Special Economic Energy Zone (PSEEZ) announced that approximately $150 billion has been invested in the region, which accounts for nearly 50% of the country's petrochemical capacity with a production of about 45 million tons.
Iran has set a new record for natural gas production at the South Pars field, reaching 712 million cubic meters per day, according to the head of Pars Oil and Gas Company.
South Pars Gas Complex's managing director reports full capacity of refineries, delivering over 855 million cubic meters of gas daily to the national network.
The South Pars joint gas field's gas platforms were successfully overhauled through a well-planned, collaborative, and HSE-enhanced operation, ensuring safety and efficiency.
Written by MohammadSadegh Razmi
The South Pars Gas Field, the world's largest natural gas field shared between Iran and Qatar, has been a cornerstone of Iran's energy supply.
Natural gas production from the offshore South Pars gas field reached the unprecedented figure of 711 million cubic meters on Wednesday, November 14.
Pars Oil and Gas Co. (POGC) has raised gas production from Phase 11 of the South Pars gas field in the Persian Gulf, according to news service Shana report.
The CEO of Pars Oil and Gas Company, Touraj Dehghani, says that the company has succeeded in increasing gas production from Phase 11 of South Pars gas field.
Since establishing the South Pars Oil and Gas Company (POGC) in 1998, more than $80 billion has been invested in plans and projects to develop the shared South Pars gas field which is unprecedented.