Ahvaz
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14th Khuzestan Specialized Exhibition of Petroleum Industry Equipment Manufacturing
SHANA (Ahvaz) – The four-day 14th Khuzestan Specialized Exhibition of Petroleum Industry Equipment Manufacturing kicks off in Ahvaz, the capital city of Iran’s southwestern province of Khuzestan, on January 14, 2024.
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NISOC PGC up 250 tb/d
The studies conducted over the past two years at National Iranian South Oil Company (NISOC), new “planned guide capacity” (PGC) has been determined for the six reservoirs of Ahvaz Bangestan, Mansouri Bangestan, Ab Teimour, Golkhari, Balaroud, and Mansourabad Bangestan, promising a total of 250 tb/d. This amount is 7% of NISOC’s current PGC. A 250 tb/d increase in production from NISOC-run fields would bring the company’s potential output from the current 3.4 mb/d to 3.65 mb/d, which is a breakthrough for Iran’s petroleum industry. That would yield an approximate $7 billion in revenue.
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Owji Visits Khuzestan
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji paid a visit to Iran’s energy capital, the southwesnter province of Khuzestan on Friday, September 17, 2021.
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Cheshmeh Khosh Oil Pipeline to Ahvaz Explodes, Several People Killed
AHVAZ (Shana) -- The Iranian Central Oil Fields Company (ICOFC) announced the explosion of a 20-inch pipeline transporting crude oil from Cheshmeh Khosh to Ahvaz, southwestern Iran, during a search operation, which killed several people nearby.
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Investment Potential in Ahvaz Field
TEHRAN (Shana) -- Iran sits atop 10% of oil reserves in the world, thereby becoming the fourth largest holder of crude oil deposits in the world. Due to a variety of reasons, Iran has so far tapped not more than 20% of its reserves with the rest remaining intact.