Karoun
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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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Plant Unveils 1st Medical Item
TEHRAN (Shana) -- Karoun Petrochemical Plant has unveiled its first medical item to be made with polyurethanes and replacing orthopedic plasters.
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$11bn Investment Needed for West Karoun Projects
TEHRAN (Shana) -- Mohsen Khojasteh-Mehr, CEO of National Iranian Oil Company (NIOC), has said that development of the West Karoun cluster of oil fields would be a priority for the current administration. He has said that $11 billion in investment would be needed over four years to develop the jointly owned fields in West Karoun.
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Karoun Petchem Co. Unveils New Items
TEHRAN (Shana) -- Karoun Petrochemical Company has unveiled two new polyurethane products parallel with the Research Week.
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KOGPC Realizes Production Plan in H1
TEHRAN (Shana) -- The CEO of Karoun Oil and Gas Production Company (KOGPC) announced the realization of 101% of the company's crude oil production plan in the first half of the current calendar year, which began on March 21.