Petropars

Petropars: Iran to start extracting Balal gas in two years; output to rise to 500 mcf/d

SHANA (Tehran) – Iran will start extracting gas from Balal field within two years, said the managing director of Petropars Company on Sunday.
2023-07-09 16:07
Petropars Key in Iran Oil Industry

TEHRAN (Shana) -- Petropars has a major share in developing Iran’s joint oil and gas fields. The company’s CEO has been outspoken in explaining the company’s status in developing phase 11 of South Pars gas field, Bilal, Farzad B, Forouzan, and South Azadegan fields and cooperation with Latin American firms. So far, the Iranian major has implemented around $27 billion worth of projects.
2022-09-03 09:37
Maduro Notes Petropars Capacity in Venezuela Oil Projects

TEHRAN (Shana) -- The President of Venezuela stressed the need to use the capacity of the Iranian company, Petropars, to develop Venezuela’s oil and gas projects.
2022-06-12 18:29
Petropars CEO Appointed

TEHRAN (Shana) -- The CEO of the National Iranian Oil Company appointed Seyed Shamsuddin Mousavi as the CEO of Petropars Company.
2022-01-14 20:01
Petropars to Develop Farzad B

TEHRAN (Shana) -- On May 17, a $1.68 billion buyback agreement for development of the Farzad B gas field was signed between National Iranian Oil Company (NIOC) and Petropars Limited. The agreement was signed by Reza Dehqan, deputy CEO of NIOC for development and engineering, and Hamid-Reza Masoudi CEO of Petropars.
2021-07-13 14:20
NIOC Awards $1.78b Farzad gas field development Project to Iran Developer

TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has signed a contract worth $1.78 billion with Petropars Group for the development of Farzad B Gas Field in the Persian Gulf.
2021-05-17 11:02
Petropars to Develop Farzad Gas Field

TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to award Petropars company a $1.87 billion contract to develop Farzad B Gas Field.
2021-05-16 23:11
Phase 19 Starts LPG Export

TEHRAN (Shana) -- The CEO of Petropars announced the launch of a liquefied petroleum gas (LPG) export line at South Pars Phase 19 Refinery as the first exporter of the valuable item on site 2 of South Pars.
2021-02-01 16:52
Petropars signs €3.9 m Deal with Esfarayen Lulehgostar

TEHRAN (Shana) – Petropars Company has signed a 3.9 million euro deal with Esfarayen Lulehgostar Company for the supply of pipes in South Para Phase 11 development project.
2021-01-25 15:35
Petropars to Develop Farzad Field

TEHRAN (Shana) -- The CEO of Pars Oil and Gas Company (POGC), Mohammad Meshkinfam, says the Rouhani administration has enhanced recovery from the giant South Pars gas field by 420 mcm/d despite tough sanctions in place. In an interview with “Iran Petroleum”, he said that South Pars has not reduced its output despite sanctions and the coronavirus pandemic.
2020-12-15 12:22
South Pars Phase 11 Drilling Operations Officially On

TEHRAN (Shana) -- Drilling operations of the first well of South Pars Phase 11 development project kicked off officially by the order of Iranian Minister of Petroleum Bijan Zangeneh today (Monday, December 14).
2020-12-14 13:14
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.
2020-07-20 10:20
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.
2020-07-19 11:00
Iran Starts Installation of Phase 11 Jacket

BUSHEHR (Shana) – Iran’s Petropars Company has officially started operations to install the jacket of South Pars Phase 11 platform in the Persian Gulf.
2020-05-21 12:35
Petropars, NIDC Ink Cooperation MOU

TEHRAN (Shana) -- The Petropars Group and the National Iranian Drilling Company have signed a memorandum of understanding to cooperate in implementation of oil and gas projects.
2020-05-05 16:43
Loading Operation of Phase 11 Platform Jacket Begins

TEHRAN (Shana) – The load out operation of Platform 11B jacket of the massive South Pars gas field has begun in a step to develop the long-sought project.
2020-04-30 12:34
Petropars to Start Drilling Wells in SP Phase 11 by June

TEHRAN (Shana) – The CEO of Petropars Company said due to the coronavirus outbreak in recent months loading of jackets to South Pars Phase 11 project were delayed but drilling operations would begin in the project by early summer.
2020-04-19 15:38
Petropars Awarded Project to Develop Forouzan Oilfield

TEHRAN (Shana) – The CEO of the Petropars Group said his company had won a tender to develop a production maintenance and enhancement project in Forouzan Oilfield.
2020-02-17 15:41
Petropars to Develop Farzad B Gas Field

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the Iranian oil company Patropars was awarded the engineering, exploration and basic design sections of Farzad B Gas Field Development Project.
2019-12-15 13:00
70% Share of Domestic Companies in Belal Field Development

TEHRAN (Shana) – Iranian manufacturers will supply 70 percent of the items needed for developing Belel offshore gas field, an official said.
2019-09-15 16:30
Market Survey Needed for Ensuring Effectiveness of Deeper Oil Output Cuts: Zangeneh

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said that the market’s reaction to deeper supply cuts by OPEC+ needed to be assessed in order to ensure the plan’s effectiveness.
2019-09-14 11:58