Tag Archives | Khouzestan

Iran Inaugurates Three Joint Oilfields in Khouzestan

Iran has launched first phase production at three fields in its oil-rich Khouzestan province which bring its total crude output to 300’000 barrels per day. Production from Yadavaran, North Yaran and North Azadegan were inaugurated in an official ceremony attended by President Hassan Rouhani. Iran had awarded Yadavaran to China’s Sinopec through a contract worth […]

Iran to Grant Two Key Oil Deals to China

Iran plans to grant the development of two of its major oil fields to the Chinese companies. Gholam-Reza Manouchehri, the deputy director for engineering and development affairs of the National Iranian Oil Company (NIOC) said that China’s CNPC will be awarded the development of the second phase of North Azadegan project. Manouchehri added that the […]

Pertamina to Study Two Oil Projects in Iran

Indonesia’s state-owned oil company Pertamina has signed a memorandum of understanding (MoU) with National Iranian Oil Company (NIOC) to conduct joint studies over two major oil fields in the south of the country. The oil fields that Pertamina and the NIOC will study are Mansouri and Ab Teymour which are located in Iran’s oil-rich Khouzestan […]

Iran, Lukoil Sign $6m Exploration Deal

By John Lee. Iran has signed a $6-million deal with Russian oil giant Lukoil to explore the country’s oil-rich southwestern province of  Khouzestan. Lukoil has already started looking for oil and gas reserves in Dasht-e Abadan and the northern parts of the Persian Gulf, said Hormoz Qalavand, the director for exploration affairs of the National Iranian […]