تیتر سه گزارش

  • WEP to Fetch $3.7bn by 2025

    WEP to Fetch $3.7bn by 2025

    TEHRAN (Shana) -- Behzad Mohammadi, CEO of National Petrochemical Company (NPC), has said that the West Ethylene Pipeline (WEP) would earn Iran $3.7 billion in revenue by 2025 when ethylene injection capacity into the strategic pipeline would reach 3.5 million tonnes. He made the remarks during a ceremony for signing agreement on WEP operation and maintenance between NPC and Oil Industries Commissioning and Operation Company (OICO).

  • Gas Market Developments, Tsars and Alternative Fuels

    Gas Market Developments, Tsars and Alternative Fuels

    TEHRAN (Shana) -- The gas market has undergone many changes and, of course, crises in recent months. The increase in the price of this clean fuel by more than 100% has caused many experts to be surprised and reputable international institutions to make new predictions. In line with these developments, the Oil and Energy Information Network (Shana) has sought the opinion of several senior energy economics experts in this field.

  • NISOC Reserves’ Value up $115bn

    NISOC Reserves’ Value up $115bn

    TEHRAN (Shana) -- National Iranian South Oil Company (NISOC) supplies over 80% of Iran’s crude oil and 16% of natural gas. As the largest subsidiary of National Iranian Oil Company (NIOC), NISOC runs 45 fields and 65 reservoirs covering 70,000 square kilometers stretching from Bushehr to Khuzestan provinces. Giant oil fields like Ahvaz, Gachsaran, Maroun, Aghajari, Karanj, Parsi and Bibi Hakimieh are among them.

  • Iran Gas Transmission Fitted with New GIS Generation

    Iran Gas Transmission Fitted with New GIS Generation

    TEHRAN (Shana) -- A new generation of geographic information system (GIS) has been installed in the pipeline projects of Iran Gas Transmission Company (IGTC), which would facilitate data storage, display and analysis. Assadollah Qanavati, director of engineering and planning at IGTC, said: “Using the system will allow for geographical data management, combining and overlapping different information sources and receiving answers from the descriptive and geographical information along with access to a variety of geographical analyses and preparation of charts, diagrams, reports and thematic maps along with three-dimensional display of information.”

  • Least-Polluting Clean Fuel in Iran

    Least-Polluting Clean Fuel in Iran

    TEHRAN (Shana) -- Various industries have established "Health, Safety, Environment" (HSE) departments in order to protect their service workers against life threats, and protect the environment. In the oil and gas industry, due to high sensitivity as well as high-risk oil and gas fields, HSE is of high significance. When it comes to the gas sector, it takes up added significance as natural gas may become more hazardous if security precautions are not taken.

  • Iran Petroleum Industry Book Review

    Iran Petroleum Industry Book Review

    TEHRAN (Shana) -- In this piece of writing we will be reviewing major books written in the history of Iran’s petroleum industry. 

  • North Pars, Changloueh Fields Up for Investment

    North Pars, Changloueh Fields Up for Investment

    TEHRAN (Shana) -- Some 120 kilometers southeast of the southern Bushehr Province, Iran owns a gas field holding more than 57 tcf of gas in place. North Pars is among fields with high potential for investment. The field is estimated to require $16 billion in investment, including $5 billion in the upstream sector and $11 billion in the downstream sector (mainly LNG plants).

  • Bu Ali Sina Petchem Plant to Upgrade Quantity and Quality

    Bu Ali Sina Petchem Plant to Upgrade Quantity and Quality

    TEHRAN (Shana) -- The light fraction desulfurization project at the Bu Ali Sina petrochemical plant came online in July with a view to bringing down the sulfur content to below 1 ppm.

  • Petchem Sector and Triangle of Strains

    Petchem Sector and Triangle of Strains

    TEHRAN (Shana) -- Iran’s petrochemical industry has not backed down over the past three years specifically after the US imposed all-out sanctions on the country, particularly the petrochemical sector. On the contrary, it recorded last calendar year as one of the best and most successful periods.

  • Cutting Edge Technology Needed in Soroush, Reshadat

    Cutting Edge Technology Needed in Soroush, Reshadat

    TEHRAN (Shana) -- Oil and gas production from Iran’s offshore fields dates from several decades. In light of natural fall-off in production from these fields, using foreign technology and investment would be a top priority for National Iranian Oil Company (NIOC). The Soroush and Reshadat fields are under consideration.

  • Sustainable Production at Qeshm Gas Refinery

    Sustainable Production at Qeshm Gas Refinery

    TEHRAN (Shana) -- Sarkhoon & Qeshm Gas Treating Company (SGTC), one of the gas refineries treating natural gas to supply clean energy, is determined to apply suitable technologies in order to guarantee industrial self-reliance and sustainable supply. This facility, which set significant production records last calendar year, has made significant achievements in supporting domestic production and protecting the environment.

  • Naft Abadan Futsal Standard-Bearer

    Naft Abadan Futsal Standard-Bearer

    TEHRAN (Shana) -- Women’s sports and leagues in Iran were not immune to the consequences of the coronavirus pandemic. Last calendar year started with several leagues that had not been finished the year before due to the outbreak of COVID-19. However, due to unfavorable conditions, the case of all these files was closed. In the first half of last calendar year, women’s sport and leagues came to a halt due to the pandemic conditions, but it started again in the second half of the league. Seven teams representing the petroleum industry were involved in the women’s section. In the light of the pandemic and the economic conditions, all of them obtained acceptable results.

  • New Gas Hub in Northern Iran

    New Gas Hub in Northern Iran

    TEHRAN (Shana) -- Central Asian and European demand for gas has broadened the horizons for development of Iran's exploration blocks in the Caspian Sea. “Chalous Superstructure Drilling and Exploration” project has been assigned to Khazar Exploration and Production Company (KEPCO) with a view to forming a new gas hub in northern Iran. According to Ali Osouli, CEO of KEPCO, if the initial estimates are confirmed and exploration success is achieved in the Chalous structure, the Iranian sector of the Caspian Sea will play a significant role in gas exports to Europe in the near future, in which case Iran's new gas hub will be formed in the north to let Iran supply 20% of Europe's gas needs from this region.

  • Sustainable Storage in Jask Terminal

    Sustainable Storage in Jask Terminal

    TEHRAN (Shana) -- Among numerous contracts signed regarding the national project for transferring crude oil from Goreh to Jask, one should be highlighted: contract for the construction of crude oil storage tanks. These build-operate-transfer (BOT) agreements were signed in November 2018 between Petroleum Engineering and Development Company (PEDEC) and Petro Omid Asia (POA) and Omid Investment Management Group.

  • Petroleum Industry Innotech Park Launched

    Petroleum Industry Innotech Park Launched

    TEHRAN (Shana) -- The Petroleum Industry Innotech Park, which has been established under the aegis of the Petroleum Ministry with a view to developing technology and broadening constructive cooperation between the players of innovation and technology ecosystems, has started work. The ceremony for the inauguration of the park was attended by Minister of Petroleum Bijan Zangeneh, Vice President for Science and Technology Sourena Sattari and a group of senior oil industry managers and research and technology actors.

  • 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.

  • 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.

  • 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.

  • No-Flaring in Cheshmeh-Khosh Expected This Year

    No-Flaring in Cheshmeh-Khosh Expected This Year

    TEHRAN (Shana) -- The Iranian Central Oil Fields Company (ICOFC) assigned to a domestic company a project for gathering flare gas at the Cheshmeh-Khosh oil field. Under this agreement, 67 mcf/d of associated petroleum gas would be gathered over six months.

  • Zanganeh: I will not withhold my consultation from President-Elect Raisi

    To return Iran to the oil market

    Zanganeh: I will not withhold my consultation from President-Elect Raisi

    TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh stated that he would not withhold his consultation from the upcoming administration of Ebrahim Raisi for Iran's return to the world crude oil markets.

  • IOOC Oil Output Capacity Doubles yr/yr

    IOOC Oil Output Capacity Doubles yr/yr

    TEHRAN (Shana) -- Iranian Offshore Oil Company (IOOC) accounts for a major share of oil recovery from Iranian oil fields in the Persian Gulf. Last calendar year, despite all hardships and restrictions, valuable measures were taken to preserve production level from joint fields, to overhaul installations and to save costs.

  • 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.

  • Iran Developing Sohrab Oil Field

    Iran Developing Sohrab Oil Field

    TEHRAN (Shana) -- Iran shares Sohrab oil field with Iraq. It is limited by the Mehr block to north, to the Azadegan field to south, to Band Karkheh, Susangerd, Jofair and Sepehr fields to southeast. Sohrab accommodates Ilam, Sarvak, Gadvan and Fahlyan reservoirs whose rock is mainly carbonated. Sohrab is one of prioritized fields for foreign investment in Iran’s petroleum industry.

  • 5 Petro Museums across Iran

    5 Petro Museums across Iran

    TEHRAN (Shana) -- Recreation and display of the historical identity of oil in a land, where the first Middle East oil wells were drilled and whose petroleum industry is more than a century old now pushed the Petroleum Ministry to put on exhibit this historical identity.

  • Seamless Pipes Manufactured in Iran

    Seamless Pipes Manufactured in Iran

    TEHRAN (Shana) -- More than six years have passed since the project started for the domestic manufacturing of 10 groups of widely-used petroleum industry commodities. This initiative was adopted upon Minister of Petroleum Bijan Zangeneh’s call for maximum support for Iranian manufacturers.

  • Gas Transmission Record Smashed

    Gas Transmission Record Smashed

    TEHRAN (Shana) -- Being in charge of running more than 37,000 kilometers of pipeline and 86 gas compressor stations, Iran’s gas transmission industry ranks the first in Asia and the Middle East, and the fourth globally behind the US, Russia and Canada. The most important task assigned to the Iranian Gas Transmission Company (IGTC) is to purchase natural gas, ethane, liquefied petroleum gas (LPG) and gas liquids from domestic and foreign suppliers and sell them to domestic customers and export terminals and conduct swap process.