تیتر دو

  • Danan, Cheshmeh-Khosh, Susangerd Attractive to Investors

    Danan, Cheshmeh-Khosh, Susangerd Attractive to Investors

    TEHRAN (Shana) -- Sanctions have failed to halt Iran’s petroleum industry activities. However, developing the industry in Iran would need foreign investment and cutting edge technology to raise output. Over recent years, in the absence of foreign companies, local contractors have moved to develop oil and gas fields.

  • NISOC Proceeds with Green Development

    NISOC Proceeds with Green Development

    TEHRAN (Shana) -- CEO of National Iranian South Oil Company (NISOC) Ahmad Mohammadi has said sustainable and continuous production, supply of refinery feedstock and providing oil for exports were among the major achievements of the company. In an interview with "Iran Petroleum", he also said that NISOC was ready to lift output from its oil fields as soon as sanctions are lifted. NISOC supplies 80% of Iran’s oil production.

  • Iran Determined in Zero-Flaring Projects

    Iran Determined in Zero-Flaring Projects

    TEHRAN (Shana) -- The issue of zero-flaring is not only significant for Iran’s petroleum industry, but also for every other nation. Globally speaking, more than 150 bcm of associated gas is flared every year. According to the World Bank data, the figure is equal one-third of Europe’s total gas consumption.

  • TPC Sets New Record in Export of Butane 1

    TPC Sets New Record in Export of Butane 1

    TEHRAN (Shana) -- Tabriz Petrochemical Company (TPC) succeeded in setting a new record in loading and exporting butane 1 in the current Iranian calendar year which began on March 201.

Analysis

  • Oil-Rich Aghajari, a Gem in Khuzestan

    Oil-Rich Aghajari, a Gem in Khuzestan

    TEHRAN (Shana) -- Iran’s petroleum industry was born in Masjed Soleiman in southern Iran, but Khuzestan gradually as a whole became a focal point of oil industry in Iran and in the Middle East. Each and every spot in this province is filled with massive wealth that would guarantee the future of Iran.

  • Investment Opportunities in Bangestan

    Investment Opportunities in Bangestan

    TEHRAN (Shana) -- More than 60% of Iran’s oil production comes from 10 giant fields, all of which having reached maturity. Lack of investment for many years in order to enhance the rate of recovery has enhanced production risk. However, there is great potential for enhanced production from these fields. A case in point pertains to the Ab Teimour and Ahvaz Bangestan oil fields. They were discovered more than 50 years ago and they are still supplying oil.

  • NISOC Proceeds with Green Development

    NISOC Proceeds with Green Development

    TEHRAN (Shana) -- CEO of National Iranian South Oil Company (NISOC) Ahmad Mohammadi has said sustainable and continuous production, supply of refinery feedstock and providing oil for exports were among the major achievements of the company. In an interview with "Iran Petroleum", he also said that NISOC was ready to lift output from its oil fields as soon as sanctions are lifted. NISOC supplies 80% of Iran’s oil production.

  • 32 Petchem Projects in 8 Years

    32 Petchem Projects in 8 Years

    TEHRAN (Shana) -- On May 20, three petrochemical projects came online. They were Sabalan methanol project with annual capacity of 1.65 million tonnes, Masjed Soleyman urea and ammonia plant with annual capacity of 1.7 million tonnes and Assaluyeh Exir Hallal project with annual capacity of 50,000 tonnes of pentane and hexane. President Hassan Rouhani officially inaugurated the projects.

  • Kharg Oil Storage Capacity Grows

    Kharg Oil Storage Capacity Grows

    TEHRAN (Shana) -- Over the past decades, Iran has been a leading supplier of oil in the world. It has maintained its presence in international markets and has met its obligations based on quotas set by the Organization of the Petroleum Exporting Countries (OPEC). Although international sanctions have brought about obstacles ahead of achieving its goals, nothing has halted Iran’s crude oil exports to global markets. A review of existing infrastructure in Iran’s petroleum industry, specifically in oil exports, indicates that Iran’s oil exports has regularly and constantly got under way, from production to logistics.

  • Golden Year for ICOFC in Oil/Gas Output Hike

    Golden Year for ICOFC in Oil/Gas Output Hike

    TEHRAN (Shana) -- Iranian Central Oil Fields Company (ICOFC), a subsidiary of National Iranian Oil Company (NIOC), fulfilled entirely its obligations in maximum efficient recovery and maximum oil and gas production last calendar year to 21 March 2021. ICOFC had prioritized oil and gas fields shared with neighbors and supplying domestic needs in the household and industrial sectors. ICOFC’s activities indicate the company’s full readiness to increase output to pre-sanctions levels.

Report

  • South Pars Development Seen Foiling Sanctions

    South Pars Development Seen Foiling Sanctions

    TEHRAN (Shana) -- Despite President Joe Biden taking office in the United States, Iran’s petroleum industry is still unable to sell crude oil as much as its market share due to the toughest ever financial and banking sanctions his predecessor Donald Trump imposed on Iran in 2018 after quitting the 2015 nuclear deal. Meantime, the coronavirus pandemic has left serious negative impacts on the market. And the petroleum industry has automatically not been spared over years. The petroleum industry definitely needs investment and technology.

  • Local E&P Firms to Study Azadegan Field

    Local E&P Firms to Study Azadegan Field

    TEHRAN (Shana) -- The giant Azadegan oil field, estimated to hold 32 billion barrels of oil in place, has already been developed in two sections – North Azadegan and South Azadegan. The field is currently supplying 215,000 b/d of oil.

  • Iran Determined in Zero-Flaring Projects

    Iran Determined in Zero-Flaring Projects

    TEHRAN (Shana) -- The issue of zero-flaring is not only significant for Iran’s petroleum industry, but also for every other nation. Globally speaking, more than 150 bcm of associated gas is flared every year. According to the World Bank data, the figure is equal one-third of Europe’s total gas consumption.

  • Petropars to Develop Farzad B

    Petropars to Develop Farzad B

    TEHRAN (Shana) -- On May 17, a $1.68 billion buyback agreement for development of the Farzad B gas field was signed between National Iranian Oil Company (NIOC) and Petropars Limited. The agreement was signed by Reza Dehqan, deputy CEO of NIOC for development and engineering, and Hamid-Reza Masoudi CEO of Petropars.