Production News in Iran
| 4/25/2023 - A drilling rig was erected off Lavan Island, the Persian Gulf, another step toward boosting oil output, said an Iranian Offshore Oil Company (IOOC)
official. Pouya Ma’arefi, who ... |
| 2/7/2023 - The head of the economic group of the Supreme Leader's Office stated that Iran has the ability to reach the crude oil daily production capacity of 7.4 million barrels, saying: “We are an oil country, ... |
| 12/5/2022 - The CEO of the National Iranian Oil Company (NIOC) said phase 11 of the massive South Pars gas field would start production
in the near future. Referring to the acceleration of the proc... |
| 6/1/2022 - TEHRAN (NIOC) Wells No. 123 and 124 of the national project of Mansouri Fields have successfully commissioned which enhance the field’s crude
oil output. ... |
| 4/8/2022 - 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. According to Maroon... |
| 7/11/2021 - The volume of rich gas extracted from the South Pars joint gas field since it’s the beginning of its development has exceeded 1.8 trillion cubic
meters. ... |
| 6/12/2021 - 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... |
| 5/1/2021 - The CEO of Pars Oil and Gas Company said the first gas sweeteners of phase 14 of South Pars gas field will be handed over to the start-up group in July. ... |
| 3/28/2021 - The Deputy Director of Dispatching Operations at the National Iranian Gas Company (NIGC) announced a 6 increase in Iran’s annual sweet gas production.
... |
| 3/13/2021 - The early production part of the Jask Oil Terminal is almost completed as it has been developed by 90 percent and the installation process of the first single point mooring (SPM) has begun in the Oman... |
| 3/7/2021 - Iran invested over $1.4 billion in the jointly-owned Azar oil field despite US sanctions to lift oil output from this field to 71,500 b/d and that of gas to 78 mcf/d of Azar, containing both oil and g... |
| 2/21/2021 - The CEO of the Iranian Central Oil Fields Company said plans were under way to start crude oil production at Khesht Oilfield in the first half of the next Iranian calendar year which starts on March 2... |
| 1/19/2021 - The CEO of the National Iranian South Oil Company (NISOC) announced the company's readiness to stop reducing its crude oil output and increase production to pre-sanctions’ levels.
... |
| 1/9/2021 - The CEO of Oil Industries Engineering and Construction (OIEC) Group announced the first phase of Azar join oilfield will become productive soon.
... |
| 1/5/2021 - OPEC and its allies reached a consensus on crude oil output cuts of 7.125 million bpd for February and 7.050 million bpd for March, allowing Russia and Kazakhstan to raise production.
... |
| 12/15/2020 - Iran will begin gas recovery from Phase 11 of the supergiant South Pars gas field in the second half of the next Iranian calendar year which begins on March 21, 2021, an official with the National Ira... |
| 10/10/2020 - The CEO of the Iranian Central Oil Fields Company (ICOFC) said upstream plans were under way to enhance the crude oil and natural gas output of Ilam Province in western Iran. Sp... |
| 10/8/2020 - The Iranian Central Oil Fields Company has planned to boost the production capacity of Dehloran oil field by the end of the current calendar year to March 2021 with the launch and repair of new wells.... |
| 8/23/2020 - The operator of phase 13 of South Pars gas field announced completion of the standard stages of commissioning and the start of rich gas recovery from the third platform of this project. ... |
 |
8/17/2020 - Iranian oil industry has signed 13 contracts worth roughly €1.5 billion with 14 local firms to enhance and maintain oil production.
... |
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