Development Plans

Oil output to surge by 10,000 bpd with developing 3 oilfields

TEHRAN, Jan. 26 (MNA) – The development plan for three oilfields namely “Soumar”, “Saman”, and “Delavaran” in western Iran will increase the oil production volume by 10,000 barrel per day (bpd).

Indonesia moves capital to new $35 billion city in jungle

TEHRAN, Aug. 17 (MNA) – Indonesia is poised to officially relocate its capital from Jakarta to Nusantara, a city that is currently under construction.

Official:

Iran to start oil production in Sepehr-Jufair fields soon

TEHRAN, Aug. 12 (MNA) – The CEO of Petroleum Engineering and Development Company (PEDEC) said that 1st phase of the Sepehr-Jufair fields development plan is completed, adding that oil production in those fields will kick off in the near future.