Azadegan
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Coordination meeting held for Azadegan Oil Field development
SHANA (Tehran) – The first coordination meeting to begin operations for the development and integration of the shared Azadegan oil field was held.
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Contract on integrated development of Azadegan joint oil field signed in presence of Iran’s first VP
SHANA (Tehran) – The National Iranian Oil Company and Dasht Azadegan Arvand Oil and Gas Development Company signed a contract on the integrated development of Azadegan joint oil field on Sunday.
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Karoun oil output set to rise
Sepehr and Jofeir oil fields, located in West Karoun, are among the independent Iranian fields in the cluster and are set to come online soon. They have been developed by Pasargad Energy Development Company (PEDC) based on an IPC deal. The 13th administration is developing both independent and shared fields as part of its plan to boost its power of haggling in global oil markets.
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Contract on integrated development of joint Azadegan oil field to be signed in a month
SHANA (Tehran) – A contract on the integrated development of the joint Azadegan oil field will be signed within a month, said the National Iranian Oil Company (NIOC) director of investment and business development on Wednesday.
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Raeisi inaugurates joint Azadegan oil field 45,000 bpd output increase project
SHANA (Ahvaz) – Iran’s President Seyyed Ebrahim Raeisi on Friday inaugurated a project to boost extraction from joint Azadegan oil field in southwestern province of Khuzestan by 45,000 barrels per day (bpd).
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$7bn MOU Signed for Azadegan Development
TEHRAN (Shana) -- A $7 billion memorandum of understanding has been signed by National Iranian Oil Company (NIOC) and Iranian banks and E&P companies to develop the entire giant Azadegan oil field.
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16th Meeting of the Iran-Russia Commission to be held in Autumn
TEHRAN (Shana) -- The deputy petroleum minister for international affairs and trade announced that the 16th meeting of the joint commission of Iran and Russia would be held in October or November in Moscow.
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Iran Eyeing $115bn in Profits by Developing Azadegan Oilfield: Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji says development of Azadegan Oilfield would generate $115 billion in revenue and 24,000 jobs.
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Integrated Azadegan Development
TEHRAN (Shana) -- Minister of Petroleum Javad Owji has said the second phase development of the giant South Azadegan oil field would be implemented by local firms. The first phase of this field, which is among the West Karoun cluster of fields, has been developed by local contractors to reach the nominal output of 220,000 b/d by next March.
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NIOC to Raise Azadegan, Yadavaran Output
TEHRAN (Shana) -- The head of corporate planning of National Iranian Oil Company (NIOC), Karim Zobeidi, says Iran is now ready to produce 3.838 mb/d of oil. In an interview with “Iran Petroleum”, he says the giant South Azadegan oil field would see its output reach 220,000 b/d. He also says talks are under way with a foreign firm to develop the second phase of the Yadavaran field for its output to increase to 210,000 b/d from the current 110,000 b/d.
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Oil Production to Increase in Azadegan Field
TEHRAN (Shana) -- The Director of Integrated Planning of the National Iranian Oil Company (NIOC) announced on Saturday that the company has planned to produce 570,000 barrels of oil from Azadegan field per day.