oil

Platform 08 of Hendijan Field Successfully Installed

BUSHEHR (Shana) – Wellhead Platform 08 of Hendijan offshore oilfield was successfully installed for production of 10,000 b/d of oil from the field.
2020-09-22 18:55
22 Oil, Gas Fields under Study by Iran Universities

TEHRAN (Shana) -- The CEO of the National Iranian Oil Company said: "Including the first 9 contracts of the research study plan to enhance oil recovery from oil and gas fields that was previously signed and 13 contracts that were signed in this regard today, a total of 20 oil and 2 gas field technological studies have been awarded to universities and research centers.”
2020-09-21 16:13
Universities Studying 50% of Iran Oil, Gas Reserves

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country’s universities and research centers were currently conducting research studies on nearly half of the country’s oil and gas reserves.
2020-09-21 15:09
NIOC Inks Major Oil Research Deal with Local Universities, Research Centers

TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has signed 13 major oil and gas extraction research contracts worth a total of €35 million and Rls. 7,160 billion with 13 Iranian universities and research centers.
2020-09-21 10:43
Iran, 1st in World in Oil and Gas Discovery despite Inequalities: Official

TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) was ranked first in the world in completely unequal conditions due to the imposition of severe sanctions, said an NIOC official.
2020-09-21 10:23
OPEC SG Welcomes Iran FM Deputy

TEHRAN (Shana) -- OPEC SG HE Barkindo today welcomed to the OPEC Secretariat HE Mohsen Baharvand, Deputy Foreign Minister for International and Legal Affairs of the IR Iran and HE Kazem Gharib Abadi, Ambassador and Permanent Representative of the IR Iran to the UN Office at Vienna.
2020-09-19 12:59
JMMC Focuses on Market Stability and Full Conformity

TEHRAN (Shana) -- The 22nd Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Thursday 17 September 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation.
2020-09-19 12:10
Iran Bracing for Full Production at Azar Oilfield

TEHRAN (Shana) -- Azar oil field is on the verge of achieving a production capacity of 65,000 barrels of oil per day by using the ancillary facilities of the Central Processing Facility (CPF).
2020-09-16 17:19
IOTC Builds Expansion Joints for SMBs

TEHRAN (Shana) – Experts at the Iranian Oil Terminals Company (IOTC) have successfully built expansion joints used in Single Buoy Moorings (SBMs).
2020-09-16 17:13
Gas Pars Output 2.5 Times Up in 7 Years

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said Iran’s gas production from the South Pars gas field has increased by 2.5 times since 2013 from 280 million cubic meters per day to currently 700 mcm/d.
2020-09-15 16:23
60th OPEC Annivesary

OPEC Founders Achievements

TEHRAN (Shana) -- OPEC has turned 60. So long a time. Why was OPEC established? What has it brought to the five founding members?
2020-09-14 17:11
60th OPEC Annivesary

OPEC Turns 60; Achievements, Survival and Challenges

TEHRAN (Shana) -- This year, the Organization of the Petroleum Exporting Countries (OPEC) is marking 60 years of its foundation. Every year an anniversary ceremony is held on September 14, i.e. the day of OPEC foundation, at the Secretariat of the Organization. In addition, this year a special ceremony was due to be held in Baghdad with OPEC Secretary General Mohammad Barkindo and heads of delegation of OPEC member countries in attendance to commemorate the 60th anniversary of OPEC establishment; however, despite all the required arrangements made by Iraq, due to global COVID-19 pandemic the ceremony was wisely agreed to be postponed to some other time.
2020-09-14 17:10
60th OPEC Annivesary

If only OPEC united against Political Saber-Rattling…

TEHRAN (Shana) -- The establishment of the Organization of the Petroleum Exporting Countries, or OPEC for short, 15 years after the end of World War II can be seen as a sign of the efforts of the founding countries to oppose and resist the extravagant behavior of major oil companies, or the famous seven sisters, at that time. In the years before foundation of OPEC, each of the founding countries, namely Iran, Venezuela, Iraq, Saudi Arabia and Kuwait, faced myriad political and social upheavals.
2020-09-14 17:09
25th Iran Oil Show to be Held in October

TEHRAN (Shana) -- The 25th International Exhibition of Oil, Gas, Refining and Petrochemicals will be held from October 12 to 15.
2020-09-07 14:01
MOS Raises Oil Output of South Yaran field

TEHRAN (Shana) -- The oil production capacity of the South Yaran joint field reached 25,000 barrels per day with the installation of locally-built mobile oil separator (MOS).
2020-09-06 15:52
Phase 1 of Jask Oil Terminal Ready for Operation

TEHRAN (Shana) -- The head of Jask Oil Terminal Project said the first phase of the terminal would be launched by the end of the current calendar year, which began on March 21.
2020-09-01 14:36
Gas Flaring Drops 80% in Maroon Oil Facilities

TEHRAN (Shana) -- The instructed crude oil production plan of Maroon Oil and Gas Production Company was realized by more than 100% while its gas flaring was reduced by 80% since last year.
2020-08-26 13:36
Success of Oil Industry despite Sanctions

TEHRAN (Shana) – The Iranian Minister of Petroleum said the country made great achievements in oil and gas projects despite the sanctions.
2020-08-24 19:23
Sustainable Electricity Supply Ensures Uninterrupted Oil Recovery in West Karoun Region: CEO

TEHRAN (Shana) – The CEO of the Petroleum Engineering and Development Company (PEDEC) said, "Sustainable electricity supply guarantees continuous production of oil in the West Karoun oil fields cluster, and the construction and operation of the West Karoun power plant is very important in this regard."
2020-08-24 15:22
Rouhani Inaugurates Major Oil, Gas Projects

TEHRAN (Shana) – Iranian President Hassan Rouhani has launched three major oil, gas and petrochemical projects via videoconference.
2020-08-24 12:07
Technology Could End oil age: Zangeneh

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the end of the oil age would be cause by the introduction of new technologies rather than the end of oil reserves.
2020-08-20 00:19
OIL of Bangshir reservoir of Ramshir Field Increased

TEHRAN (Shana) -- New studies on the Bangestan reservoir of the Ramshir oil field show that the average volume of oil in-place (OIP) in this reservoir is roughly 3.5 times the previous estimates and it is possible to increase production from this reservoir up to 30,000 barrels per day.
2020-08-19 14:59
Iran Eyes 185k b/d Enhanced Oil Output Capacity in New Projects

TEHRAN (Shana) – Iran will add over 185,000 barrels per day to its oil production capacity by carrying out 13 projects aimed at enhancing and maintaining oil recovery in the country’s fields.
2020-08-17 18:48
Zangeneh Stresses Capacity Building in Oil Industry

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said power in the oil market is not based on the reserves of a country but production capacity, stressing the need for building oil production capacity under the sanctions.
2020-08-17 17:46
Iran Firms Wielding 70% Share in Oil Production Enhancement, Maintenance Projects: CEO

TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said Iranian firms would enjoy over 70 percent share in oil production enhancement and maintenance projects in the country’s fields.
2020-08-17 13:16
13 Oil Contracts Inked with 14 Iranian firms

TEHRAN (Shana) – Iranian oil industry has signed 13 contracts worth roughly €1.5 billion with 14 local firms to enhance and maintain oil production.
2020-08-17 10:45
1st Phase of Oil Transfer Facilities in Western Karun Cluster Officially Launched

TEHRAN (Shana) -- The first phase of the oil transfer chain of the West Karun fields with a daily delivery capacity 460,000 barrels of heavy crude oil and 254,000 barrels of light crude oil to export terminals was officially launched on Thursday.
2020-08-15 16:35
Gate Valves for Goreh-Jask Pipeline Built in Iran

TEHRAN (Shana) -- For the first time in the Iranian oil industry, construction of 42-inch gate valves compatible with sour fluids is on the agenda of domestic companies, and now the process of manufacturing these valves to be used in the pipeline to transfer crude oil from Goreh to Jask is underway.
2020-08-15 16:23
Kish-Garzeh Marine Pipe-Laying Operation Complete

TEHRAN (Shana) -- The head of Kish gas field development project announced the end of the offshore pipeline extension operation in the Kish-Garzeh offshore pipeline project with an unprecedented record.
2020-08-01 16:12
Leader Lauds South Pars Achievements under US Embargoes

TEHRAN (Shana) -- The Supreme Leader of the Revolution hailed the successful actions that coincided with the sanctions in South Pars joint gas field.
2020-08-01 13:02