Investment

  • Darquain-3 Up for Investment

    Darquain-3 Up for Investment

    TEHRAN (Shana) -- West Karoun is now known to Iranians. This border area is expected to form Iran’s oil civilization. According to plans, Iran intends to increase output from the 11 oil fields located in West Karoun by 1 mb/d within four years. The Darquain field will have a 200,000 b/d share in the above figure. Darquain which lies in Khuzestan Province is 45 kilometers north of the city of Khorramshahr and 100 kilometers south of the oil-rich city of Ahvaz. The field is expected to see its output exceed 220,000 b/d once phase 3 development is fulfilled.

  • Aghar Field 2nd Phase Open to Investment

    Aghar Field 2nd Phase Open to Investment

    TEHRAN (Shana) -- The Aghar gas field is among large onshore gas fields in Iran. It is currently producing 20 mcm/d of gas. The Iran Central Oil Fields Company (ICOFC), which supplies more than 40% of Iran’s total gas, is in charge of development of the Aghar field.

  • Doroud Awaiting Foreign Investment

    Doroud Awaiting Foreign Investment

    TEHRAN (Shana) -- Iran’s 2015 historic nuclear deal with the West is known as the biggest important event in the petroleum industry in recent years. The agreement, which was achieved after 10 years of intensive diplomatic talks, cleared the way for the return of Iran’s oil to global markets. Iran intends to take advantage of this opportunity to relaunch ageing oil and gas fields, as well as decrepit petroleum industry infrastructure by attracting Western capital and expertise.

  • Economic Attaches of 4 Countries Visit PSEEZ

    Economic Attaches of 4 Countries Visit PSEEZ

    TEHRAN (Shana) -- Iran’s Pars Special Economic Energy Zone hosted economic attaches from Japan, Belgium, South Africa and Azerbaijan.

  • POGDC Ready to Join GTP Projects

    POGDC Ready to Join GTP Projects

    TEHRAN (Shana) -- The CEO of Parsian Oil and Gas Development Group Company (POGDC) was prepared in invest in gas-to-propylene (GTP) projects in Parsian Energy Intensive Industries Special Economic Zone.