Joint Oil Fields
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Iran, Oman ink MoU to expand energy cooperation
Tehran, IRNA - Iran and Oman have signed a memorandum of understanding (MoU) to jointly explore the Hengam oil and gas field in the Persian Gulf.
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Iran increases oil production from joint field with Saudi Arabia
Tehran, IRNA – The CEO of Petropars Oil Company, Shamsuddin Mousavi announced on Monday that drilling of the second oil well of Forouzan Oilfield is being completed, therefore Iran increases oil extraction from Forouzan Oilfield as joint field with Saudi Arabia.
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Iran to increase oil production capacity by 200k BPD by early 2023
Tehran, IRNA – The CEO of the National Iranian Oil Company (NIOC) and deputy oil minister of Iran said that Iran's oil production capacity will increase by 200,000 barrels per day by the end of the current Iranian year, which began on March 21, and reach 4.038 BPD by late March 2023.
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NIOC: Russians to start developing two Iranian oilfields ‘soon’
Tehran, IRNA – Russians will soon start “executive operations” on developing two oilfields in Iran, Managing Director of the National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr said.
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Iran starts drilling operation at joint Forouzan Oilfield
Tehran, IRNA – The Managing Director of Iranian Offshore Oil Company (IOOC) said that upon the completion of the installation project of the giant offshore rigs, drilling and repairing of oil wells has started in the Forouzan joint oilfield with the purpose of increasing oil extraction.
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Senior expert underlines legal regime for Joint fields
Tehran, IRNA – A senior official in the Iranian Ministry of Petroleum said that devising a legal regime for petroleum extraction from joint oil fields can result in maximum extraction.