PEDEC
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PEDEC to drill new oil wells in Azadegan Oilfield
TEHRAN, Nov. 24 (MNA) – The operator of Azadegan Oilfield Development Project said plans are underway to drill a number of new wells in the joint field located in oil-rich Khuzestan province.
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Signing oil contracts with local firms on NIOC's agenda: CEO
TEHRAN, Sep. 30 (MNA) – The CEO of the National Iranian Oil Company (NIOC) said the company is to sign nine contracts with domestic companies for oil production enhancement and maintenance projects and it will continue signing contracts with domestic firms for its projects.
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Russia’s Zarubezhneft can transfer capital to Iran via European banks: Official
TEHRAN, Apr. 03 (MNA) – Deputy Petroleum Engineering and Development Company (PEDEC), affiliated to the National Iranian Oil Company (NIOC), Gholamreza Manouchehri said that Russia’s Zarubezhneft Company can transfer its capital to the Islamic Republic of Iran via European banks and there is no problem in this respect.
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West Karoun oilfields to yield 500k bpd
TEHRAN, Apr. 09 (MNA) – PEDEC head, while enumerating early crude recovery projects at oilfields west of Karoun, said oil output in the region will hit 500 thousand barrels per day by late June.
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Crude recovery begins at Azar oilfield
TEHRAN, Mar. 15 (MNA) – PEDEC managing has described details of early crude production at Azar joint oil field situated in west Iranian city of Mehran.
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Azadegan crude output to rise by 30k bpd
TEHRAN, Feb. 01 (MNA) – An oil official has reported on a 30-thousand-barrel rise in daily production of South Azadegan oilfield by the end of the current Iranian calendar year (to end March 20).
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Shell, Total likely to join hands in Iran
TEHRAN, Jan. 16 (MNA) – A consortium is likely to be formed by Britain’s Royal Dutch Shell, France’s Total as well as an Iranian company for development of Azadegan oilfield.
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Iran to ink $25bn new oil deals
TEHRAN, Dec. 13 (MNA) – PEDEC managing director has reported on plans to sign into agreements worth 25 billion dollars for expansion of two huge join fields in the post-JCPOA era.