Joint Oil Fields

PGCC repeats baseless claims over Iran’s trio islands

TEHRAN, Dec. 04 (MNA) – The Persian Gulf Cooperation Council (PGCC) has once again issued a statement repeating its long-standing and unfounded claims regarding Iran’s three islands and the Arash gas field.

Iran ramps up development at oilfield shared with Iraq

TEHRAN, Dec. 02 (MNA) – Iran has accelerated development activities at an oil reservoir it shares with neighboring Iraq, aiming to achieve maximum production from the field.

Drone strikes hit three oil fields in Kurdistan Region

TEHRAN, Jul. 16 (MNA) – Explosive-laden drones struck three oil installations in Iraq’s Kurdistan Region early Wednesday, escalating a series of coordinated attacks targeting the Region’s vital energy infrastructure.

Minister:

Russians cooperating with Iran on developing oil fields

TEHRAN, Feb. 17 (MNA) – Iranian Minister of Petroleum Mohsen Paknejad stated that Russian firms are collaborating with Tehran to develop Iran's oil fields.

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).

Massive fire reported in an oilfield in Iraq (+VIDEO)

TEHRAN, Jan. 24 (MNA) – Local media in Iraq on Friday reported a massive fire broke out in an oil field in Basra province, Iraq.

Iraq declares discovery of huge oil field

TEHRAN, Jan. 21 (MNA) – The state-owned Iraqi Midland Oil Company said that it has discovered huge oil reserves in the East Baghdad oil field.

Libya's eastern government says all oilfields to close

TEHRAN, Aug. 27 (MNA) – Oilfields in eastern Libya that account for almost all the country's production will be closed and production and exports halted, the eastern-based administration said on Monday.

Saudi Arabia denies Iran rights over Arash oil field

TEHRAN, Jul. 05 (MNA) – Denying Iran's rights in the Arash oil field, the Saudi Foreign Ministry claimed that this field is jointly owned by Saudi Arabia and Kuwait.

Iran, Oman agree to jointly develop Hengam Oilfield

TEHRAN, May 30 (MNA) – Iran and Oman have signed an agreement on their joint study on the shared Hengam Oilfield in the Strait of Hormuz, the Persian Gulf.

NIOC, Sinopec in talks for Yadavaran oilfield phase-2

TEHRAN, Feb. 14 (MNA) – The director of investment and business of the National Iranian Oil Company (NIOC) says that NIOC held regular negotiations with China's Sinopec Company regarding the second phase development of Yadavaran field.

NIOC:

Iran to start works to develop key oilfield shared with Iraq

TEHRAN, Nov. 09 (MNA) – The development works on a key oilfield shared with Iraq will start within days, says the National Iranian Oil Company (NIOC) CEO.

Owji:

Russian investors to spend $4.5b in 7 Iran oilfields

TEHRAN, Nov. 01 (MNA) – The Iranian oil minister said Russian investors and companies have finalized a contract for developing 7 oil and gas fields with Iran worth $4.5 billion, and some projects have achieved 7 to 35% physical progress so far.