Development News in Iran

Phases 17&18 Development 89% Complete
8/5/2015 - Phases 17 and 18 of the supergiant South Pars gas field have gained 89.7% physical progress and are expected to come on-stream by March 2016, the projects manager of the phases has said. ...
Phases 22 to 24 Cross 77% Progress
7/13/2015 - Operator of phases 22&23&24 of the supergiant South Pars gas field said the phases have reached 77.2% physical progress. ...
NISOC Ups Gas Injection Into Nargesi Field
6/20/2015 - Injecting gas into Nargesi Oilfield has risen by 63%, announced NISOC Production Head. Saying that an extensive operation has been implemented for maintaining the volume of injected gas, Abdolreza Dab...
Yadavaran Pilot Program Progress at 80 Percent
5/20/2015 - The pilot program of Yadavaran oil field is underway with 80 percent progress, senior official with Research Institute of Petroleum Industry (RIPI) Mohammadreza Kamali said. ...
Budget Has Allocated $4.8b to Shared Fields
5/16/2015 - A member of energy committee of Parliament says annual budget has envisaged tapping foreign exchange from the National Development Fund for development of shared oil and gas fields. ...
Phases 20 & 21 Development Prioritized
4/20/2015 - Managing director of Pars Oil and Gas Company (POGC), Aliakbar Shabanpur has said the company has development of South Pars gas field phases 20 and 21 high on the agenda. ...
South Azadegan Oil Field Progress Satisfactory
1/10/2015 - The first phase of development plan of South Azadegan oil field will come online in 2017, operator of the project Seyyed Mahmoud Marashi said. ...
South Pars Development on Schedule
1/10/2015 - Development plan of South Pars gas field is going ahead on schedule and remaining phases of the mega project will come online based on preset priorities, the member of Energy Commission of the parliam...
Gov’t Okays Joint Fields Development
12/30/2014 - The government’s Economic Council has given its nod for the integrated development of oil fields located in West Karoun region of Iran. ...
Hendijan Field Development Under Way
12/27/2014 - Development of Hendijan oil field is under way with pipe-laying operations having been completed, managing-director of Iran Shipbuilding & Offshore Industries Complex (ISOICO) said. ...
NIOC to Offer at Least 40 Projects in London
12/8/2014 - NIOC plans to offer 40 to 50 projects for development in London conference which is slated to be held in March 2015 concurrent with introducing its new oil contract frameworks named Iran Petroleum Con...
Successful Installation of Deck 3 of SP phase 20
12/2/2014 - IOEC has successfully installed Deck 3 on SP phase 20 topside. At present the topside for SP phase 20 has a 46.78% progress rate. ...
South Pars Phase 16 Platform Operational
11/25/2014 - South Pars gas field phase 16 platform as the nearest platform to Iran’s maritime border with Qatar in the Persian Gulf waters became operational. ...
South Pars Platform Tested
10/18/2014 - Platform A18 was tested after its flare was turned on. Sour gas is transferred from Phase 18 to Phases 15&16 through a pipeline to be processed. ...
Development of Azar Oilfield be Accelerated
10/17/2014 - According to Petroleum, Engineering and Development Company’s (PEDEC) Public Relations (PR), Bijan Namdar Zangeneh, Iranian Oil Minister, visiting Azar Oilfield on last Thursday, said, required financ...
Economic Council Approves Integrated Development Project of West Karoon
9/29/2014 - Economic Council is to approve the Integrated Development Project of West Karoon Oilfields to increase 550,000 barrels of oil per day to the current production. ...
Iran Expects Progress in South Azadegan
8/19/2014 - Iran expects tangible progress in the development of South Azadegan oil field in the coming months, a top official said. ...
Petroiran Finishes Work in Forouzan Field
7/13/2014 - Petroiran Development Company has fulfilled its obligations for the development of Forouzan oil field which Iran shares with Saudi Arabia, a company official said. ...
Qatar Willing to Cooperate with Iran on Joint Gas Field
12/22/2013 - Qatar plans to cooperate with Iran to develop its share of the worlds biggest gas field so that both countries can reap the maximum long-term rewards, sources at state-run Qatar Petroleum (QP) said. ...
Paving The Way for The Development of Azar Oilfield
11/10/2013 - Managing Director (MD) of Petroleum, Engineering and Development Company (PEDEC), in his third visit from the Company’s ongoing projects, visited the Development Project of Azar Oilfield. ...

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