Azadegan
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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.
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South Azadegan Output up 15,000 b/d by March
TEHRAN (Shana) -- The CEO of the Petroleum Engineering and Development Company (PEDEC) said: "We are trying to enhance the production capacity of the Azadegan South oil field by 15,000 barrels by the end of the current calendar year, which began on March 21."
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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.
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Study MoUs for Developing Azadegan Field to be Signed
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) is to sign study memoranda with local E&P firms for the development of Azadegan Oilfield.
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Petropars to Boost South Azadegan Oil Output by 10,000b/d
TEHRAN (Shana) -- The CEO of Petropars Group said it has recently signed a contract with Dana Energy Company for drilling 10 new wells in South Azadegan Joint field.
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Fate of Remaining South Azadegan Wells Determined
TEHRAN (Shana) -- The CEO of Petropars Group said the group has signed a deal with a local firm for operating 15 wells in South Azadegan Oilfield which determines the fate of the remaining wells in the field.
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Rouhani Launches Skid-Mounted Refinery in West Karoun
TEHRAN (Shana) -- The first skid-mounted oil refining unit is officially put into operation by Iranian President Hassan Rouhani via video conference.
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Countdown Begins for Commissioning 23 Wells in South Azadegan
TEHRAN (Shana) -- The National Iranian Drilling Company (NIDC) has about to complete sinking 23 development wells at South Azadegan Oilfield, an NIDC official said.
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Zangeneh: 9 Oil Contracts to Be Signed With Iranian Companies
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said: "Soon, nine contracts for the maintenance and enhancement of oil production (EPC/EPD) will be signed with Iranian companies and the Oil Research and Technology Fund will be activated.”
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NIOC to Ink Research Deal with Local Universities: CEO
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) Masoud Karbasian said his company had planned to sign 12 research contracts with Iranian universities.
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Petropars to Complete Azadegan Oilfield Development
TEHRAN (Shana) – The Petroleum Engineering and Development Company (PEDEC) has signed a contract with Petropars Group for completing the development of South Azadegan joint oilfield besides building a 320,000 b/d central treatment export plant (CTEP) at Azadegan.
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PEDEC Signs Deal with Petropars for Azadegan Oilfield Development
TEHRAN (Shana) – The Petroleum Engineering and Development Company (PEDEC) is to sign a deal with Petropars Company for completing the development of South Azadegan field.
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Skid-Mounted Processing Facility at South Azadegan
TEHRAN (Shana) -- National Iranian Oil Company (NIOC) intends to engage Iranian and/or foreign companies in the construction of skid-mounted processing facilities using the build-operate-own (BOO) method.
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Azadegan Up for Investment
TEHRAN (Shana) -- The Azadegan oil field is Iran’s largest oil field and the third largest field in the world, just behind Saudi Arabia’s Ghawar and Kuwait’s Burgan oil fields. Azadegan was discovered in 1997. It covers an area of 20 kilometers in width and 75 kilometers in length in Azadegan Plan, some 100 kilometers west of the city of Ahvaz. Azadegan was initially estimated to hold 33 billion barrels of oil. In 1999, a new oil layer with 2.2 billion barrels was discovered in this field. Azadegan is divided into South Azadegan and North Azadegan.
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Iran Oil Output from North Azadegan hits 100 mb
TEHRAN (Shana) – Iran’s crude oil production at North Azadegan Joint Oilfield has reached 100 million barrels since 2016.
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Iran to Dig New Wells in North Azadegan
TEHRAN (Shana) -- The operator of Azadegan Oilfield Development Project said plans were under way to drill a number of new wells in the joint oilfield.
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Arvandan Oil CO. Awarded Project to Develop South Azadegan
TEHRAN (Shana) -- Development of South Azadegan joint oilfield has been fully awarded to Arvandan Oil and Gas Company.