Production

  • 16th Iran Plast Int'l Exhibition Kicks Off

    16th Iran Plast Int'l Exhibition Kicks Off

    TEHRAN (Shana) -- The 16th edition of Iran Plast International Exhibition officially started at Tehran’s permanent fairgrounds on Wednesday.

  • $7bn MOU Signed for Azadegan Development

    $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.

  • Iran Eyes 4mbd Crude Oil Production Capacity by Early 2023

    Iran Eyes 4mbd Crude Oil Production Capacity by Early 2023

    TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) voiced Iran’s readiness for maximum gas condensate swap, adding the country is preparing to bring its crude oil production capacity to over 4 million barrels per day by the end of the current calendar year, which began on March 21.

  • Marjan Petchem Plant 95% Productive in 1400

    Marjan Petchem Plant 95% Productive in 1400

    TEHRAN (Shana) -- The caretaker of Marjan Petrochemical Company said despite the restrictions on gas feedstock in order to supply domestic gas in winter, the company’s yield was 95% of its nominal capacity in the calendar year of 1400 which ended on March 20.

  • Ghadir Petchem Plant Operating at 121% of Nominal Capacity

    Ghadir Petchem Plant Operating at 121% of Nominal Capacity

    TEHRAN (Shana) -- The CEO of Ghadir Petrochemical Company announced setting of a new record in the production of the petrochemical plant in the first quarter of the current calendar year, which began on March 21 hitting 121% of the facility’s nameplate capacity.

  • Integrated Azadegan Development

    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.

  • Bu Ali Sina Petchem Plant Output, 120% of Capacity

    Bu Ali Sina Petchem Plant Output, 120% of Capacity

    TEHRAN (Shana) -- Production of Bu Ali Sina Petrochemical Company in the first 45 days of the current calendar year, which began on March 21 showed a 16 percent increase year-on-year to a new record of 120 percent of the nominal capacity of the complex.

  • 600k Barrels Growth in Output of Southern Fields under Raisi

    600k Barrels Growth in Output of Southern Fields under Raisi

    TEHRAN (Shana) – The CEO of the National Iranian South Oil Company (NISOC) said the fields operated by the company have witnessed a 600,000-barrel/day growth in their output under the Raisi administration.

  • MOGC Fully Realizes Production Plan

    MOGC Fully Realizes Production Plan

    TEHRAN (Shana) -- The CEO of Maroon Oil and Gas Production Company announced the 100% fulfillment of the company's production plan for the calendar year of 1400 which ended on March 20.

  • Gas Production to be Resumed at Salman Platform Soon

    Gas Production to be Resumed at Salman Platform Soon

    TEHRAN (Shana) -- The production manager of the Iranian Offshore Oil Company said: "After repairing the damaged gas pipeline from Salman field to Siri and Assaluyeh islands, the production and transfer of natural gas from the joint field will be resumed within the next month."

  • Iran Contractors Engaged in Oil Industry

    Iran Contractors Engaged in Oil Industry

    TEHRAN (Shana) -- Over recent years, due to the support programs of the Petroleum Ministry for Iranian manufacturers and contractors, the presence of these companies for the development of Iran's oil industry has been highly significant. Accordingly, considering the development plan of the Petroleum Ministry in the new government and also enhancing the quality of activity of Iranian companies, the expansion of bilateral cooperation with these companies is on the agenda of the Petroleum Ministry.

  • No Surrender to Gas Rivals

    No Surrender to Gas Rivals

    TEHRAN (Shana) -- A three-nation gas swap contract signed by Iran, Turkmenistan and Azerbaijan recently took effect in late December. The contract signed on 28 November 2021 on the sidelines of the 15th ECO Summit calls for the supply of 1.5-2 bcm a year of Turkmen gas to Azerbaijan via Iran’s soil.

  • OPEC+ Agrees to Boost Output by 0.4 mbd in March

    OPEC+ Agrees to Boost Output by 0.4 mbd in March

    TEHRAN (Shana) -- The 23-member states of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (a coalition called OPEC+) agreed at their 25th meeting to increase the group’s crude oil output by 400,000 barrels per day in March.

  • Export of 345,000 tons of LPG from Siraf Pars Port

    Export of 345,000 tons of LPG from Siraf Pars Port

    TEHRAN (Shana) -- The operator of Siraf Pars port announced the export of 345,000 tons of liquefied natural gas from the refineries of site 2 of South Pars by January 20.

  • NISOC Planning to Invest $200m on Renovating Equipment

    NISOC Planning to Invest $200m on Renovating Equipment

    TEHRAN (Shana) – The CEO of the National Iranian South Oil Company (NISOC) said his company had received approvals to invest $200 million for renovating its equipment and facilities in oil-rich regions.

  • Aghar, Halegan to See Output Rise

    Aghar, Halegan to See Output Rise

    TEHRAN (Shana) -- Fars Province is the second largest province in terms of gas reserves, behind Bushehr Province. Fars Province has a gas production capacity of 114 mcm/d, mainly from the Aghar, Dalan, Tabnak, Shanol, Varavi and Homa fields.

  • Output of Aghajari Units up 20,000 b/d

    Output of Aghajari Units up 20,000 b/d

    TEHRAN (Shana) – There is an uptick of 20,000 barrels per day of crude oil from Aghajari production facilities with the repair of the salt oil pipeline of Aghajari units to Paznan.

  • Permits for Building Petchem Projects Obtained

    Permits for Building Petchem Projects Obtained

    TEHRAN (Shana) -- The Director General of Market Research of the National Petrochemical Company said 33 propulsion projects have been defined in Iran’s petrochemical industry, and added: "Currently, 20 projects have received construction permits, some of which are included in the third leap basket of the petrochemical industry and have been activated by private investors."

  • Head of Oil and Gas Production Supervision of NIOC Appointed

    Head of Oil and Gas Production Supervision of NIOC Appointed

    TEHRAN (Shana) -- The CEO of the National Iranian Oil Company appointed Hormoz Qalavand as the director of oil and gas production supervision of the company.

  • Gas Market Developments, Tsars and Alternative Fuels

    Gas Market Developments, Tsars and Alternative Fuels

    TEHRAN (Shana) -- The gas market has undergone many changes and, of course, crises in recent months. The increase in the price of this clean fuel by more than 100% has caused many experts to be surprised and reputable international institutions to make new predictions. In line with these developments, the Oil and Energy Information Network (Shana) has sought the opinion of several senior energy economics experts in this field.

  • Petchem Investment Opportunities to be Unveiled

    Petchem Investment Opportunities to be Unveiled

    TEHRAN (Shana) -- The CEO of the Petrochemical Special Economic Zone Organization (PETZONE) said 20 investment opportunities are ready to be unveiled in petrochemical projects, adding: "With small investments in these projects, sustainable revenue generation and job creation will be guaranteed for the country."

  • Goreh-Jask Pipeline Firsts
  • Petchem Output Set to Grow 10mt 

    Petchem Output Set to Grow 10mt 

    TEHRAN (Shana) -- Iran’s petrochemical production capacity has been growing over the past eight years. Despite tough sanctions imposed on Iran’s petroleum industry, the petrochemical sector has constantly exported products to become a major source of revenue for Iran.

  • Arvand Petchem Plant Implementing 2 Development Projects

    Arvand Petchem Plant Implementing 2 Development Projects

    TEHRAN (Shana) -- The CEO of Arvand Petrochemical Plant said his company is currently busy building a new vinyl chloride (VCM) and a polyvinyl chloride (PVC) unit.

  • NIOC Prepared for Speedy Resumption of Iran Oil Production

    NIOC Prepared for Speedy Resumption of Iran Oil Production

    TEHRAN (Shana) -- The deputy director of production at the National Iranian Oil Company (NIOC) said: "Precise planning has been done to restore oil production to the pre-sanctions levels in one-week, one-month and three-month intervals, and if the sanctions are lifted, most of the country's oil production will be revived within a month."

  • NISOC Prepared to Enhance Iran Oil Output: CEO

    NISOC Prepared to Enhance Iran Oil Output: CEO

    TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) announced the company's readiness to increase its oil output to a figure beyond the pre-sanctions levels in 2018.

  • 7% Rise in Iran Petchem Output in Farvardin

    7% Rise in Iran Petchem Output in Farvardin

    TEHRAN (Shana) -- The director of production control at the National Petrochemical Company announced a 7-percent increase in the production of various petrochemical products in the first month of the current Iranian calendar year which began on March 21.

  • Maroun Oil/Gas Co. Lifts Output

    Maroun Oil/Gas Co. Lifts Output

    TEHRAN (Shana) -- Enhancing oil production against the backdrop of oil fields’ complexities has always been a major issue of concern for operating companies, sometimes proving costly. The three oil fields - Maroun, Kupal and Shadegan- in southern Iran are among oil fields where oil and condensate production is complicated. Maroun Oil and Gas Production Company (MOGPC) is tasked with oil and condensate production from the three fields.

  • Iran Petchem Industry Turns 57
  • Iran 10-Month Petchem Output 6% up

    Iran 10-Month Petchem Output 6% up

    TEHRAN (Shana) -- The director of production control at the National Petrochemical Company (NPC) announced a 6% increase in the production of petrochemicals in the first 10 months of the current calendar year, which began on March 21.