Joint Gas Field
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Contract for developing Balal Gas Field to be inked with Iranian firm
TEHRAN, Sep. 08 (MNA) – Deputy Managing Director of the National Iranian Oil Company (NIOC) for Development and Engineering Affairs Reza Dehghan said on Sunday that development of Balal Gas Field will be assigned to a competent Iranian company through signing and sealing a contract, valued at $440 million.
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South Pars 14 offshore sector to come online in Sep.
TEHRAN, Jul. 16 (MNA) – The offshore section of Phase 14 of the giant offshore South Pars gas field is expected to come on stream later this year, according to the project manager Mohammad Mehdi Tavasolipour.
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By: Asghar Khamseh
Installing giant platform at South Pars gas field
ASALUYEH, Jul. 14 (MNA) – The third offshore platform belonging to Phase 14 of the supergiant South Pars gas field has been successfully installed. Platform B of the phase was fully installed at its designated offshore spot on July 13, 2019, by domestic experts in Persian Gulf waters. The 2,400 structure is designed to produce 14.1 million cubic meters per day of natural gas from the join gas field. Iran shares the massive gas field with Qatar.
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2,400-ton superstructure offshore platform installed in Phase 14-B of South Pars Gas Field
TEHRAN, Jul. 13 (MNA) – A 2,400-ton superstructure platform was installed in Phase 14-B of South Pars Gas Field with reliance upon expertise and high potentials of domestic engineers.
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By: Omid Shokri Kalehsar
Iran’s joint oil fields could resolve regional tensions
TEHRAN, Nov. 04 (MNA) – It is common for oil and gas fields to be joint-owned by two or more countries, which often presents various challenges. There is a particular fervor over the need to focus on extracting from such fields, with international energy companies often invited to vie for generous extraction contracts.
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Iran’s production in South Pars field overtakes Qatar’s
TEHRAN, Nov. 02 (MNA) – Just few days before the new round of sanctions against Iran oil industry kick in, it has been reported that Iran's capacity to produce gas in in the South Pars gas field has risen to 600 million cubic meters per day exceeding that of Qatar.
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Iran starts gas production at South Pars 14
TEHRAN, May 06 (MNA) – Iran has started sour gas production at phase 14 of the super giant South Pars Gas Field on Saturday, the project's operator said.
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Iran, India resolve differences over Farzad B gas field
TEHRAN, Apr. 11 (MNA) – Iranian oil minister Bijan Zanganeh siad on Wednesday that disagreements between Iran and India over Farzad B Development Project have been resolved.
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Serica Energy eager to invest in Iran’s oil-gas sector
TEHRAN, Dec. 20 (MNA) – Tony Walker of Serica Energy says that his company is posed to have more interaction with Iran after the successful venture of the North Sea, Rhum Gas Field.
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SP phases 15, 16 yield 75k gas condensate bpd
TEHRAN, Aug. 07 (MNA) – An SPGC official said Phases 15 and 16 of South Pars joint field produce over 50 million cubic meters of sweet gas per day.
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Petropars, Toyo ink oil MoU
TEHRAN, Jul. 17 (MNA) – Iran’s Petropars Ltd. and Toyo Engineering Corporation of Japan have signed a cooperation agreement to modernize facilities and boost recovery factor of Salman gas field in the Persian Gulf.
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Italy to conduct development studies in 2 Iranian fields
TEHRAN, Jun. 20 (MNA) – As per an MoU, development studies of Kish gas field and Phase 3 of Darkhoin oilfield were handed over to Italy’s Eni oil industry company.
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Malaysia to develop 2 Iranian gas fields
TEHRAN, Feb. 11 (MNA) – National Iranian Oil Company (NIOC) has signed an MoU with Malaysian BIV for conducting development studies on two Iranian gas fields.
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India receives 2nd ultimatum on Farzad-B
TEHRAN, Dec. 10 (MNA) – An NIOC official said a tender will be invited for development of Farzad-B gas field if Iran and India fail to reach final agreement in the envisaged time.
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India receives final ultimatum on Farzad-B
TEHRAN, Nov. 05 (MNA) – POGC managing director said an international tender will be sought for development of Farzad-B gas field if talks with Indian’s ONGC end in stalemate.
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Iran to ink oil contracts worth $10bn
TEHRAN, Sep. 17 (MNA) – Deputy oil minister said new oil contracts worth 10 billion dollars are expected to be signed in remaining half of the current Iranian calendar year (began March 20).
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Iran, India continue talks over Farzad-B development
TEHRAN, Sep. 05 (MNA) – NIOC deputy-head said talks are still underway with India on development of Farzad-B gas field.
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ONGC directors en route to Tehran
TEHRAN, Aug. 15 (MNA) – Officials of India’s largest state-owned oil company will travel to Iran this week to finalize talks over investment in Farzad B gas field.