Tag Archives | South Pars

Parliament to look into “Information Leak” by Total

he Iranian parliament’s Energy Commission plans to check the accuracy of reports suggesting that the French energy giant Total has leaked secret information about Iran’s South Pars gas field to Qatar, the spokesman for the commission said. Speaking to the Tasnim News Agency, Asadollah Qarakhani said the Energy Commission will look into reports about leakage […]

Iran to Sue Total if Gas Field Data was Leaked

Iran’s Oil Minister Bijan Namdar Zanganeh said the country will definitely sue Total if the French energy giant is proved to have leaked secret information about Iran’s South Pars gas field to Qatar. Speaking at a television talk show on Tuesday night, Zanganeh said Iran has given information to Total about only two out of […]

1st FPSO Vessel to Recover Oil from South Pars

1st FPSO Vessel in Iran’s Waters to Recover Oil from South Pars The first vessel of Floating Production, Storage and Offloading (FPSO) unit has entered Iran’s territorial waters to recover oil from the country’s giant South Pars gas field in south, the managing director of Petro Iran Development Company (PEDCO) said. “The $300-million FPSO unit […]

6 South Pars Platform Operational in 2017-18

Iran says it will launch 6 more offshore platforms belonging to the supergiant South Pars Gas Field in the Persian Gulf during the next Iranian calendar year starting on March 21. Managing director of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam said the platforms will be installed at the remaining phases of the gas […]

SADRA Building 10 South Pars Platforms

SADRA (Iran Marine Industrial Company) is building 10 offshore platforms to develop the remaining phases of the supergiant South Pars Gas Field in Persian Gulf waters. The company is expected to launch the platform of phase 22 of the gas field which is shared by Iran and Qatar, by June, said Gholamreza Manouchehri, the deputy […]

Total says Iran Investment Depends on Renewal of US Waivers

By John Lee. French oil major Total plans to make a final investment decision on its $2-billion Iranian gas project by the summer, according to reports from Reuters and PressTV. But Chief Executive Patrick Pouyanne (pictured) told journalists that the decision hinges on the renewal of U.S. sanctions waivers, which are due to be renewed […]

Iran Gas Output up 50% in 3 Years

The Iranian Minister of Petroleum, Bijan Zangeneh, has said that Iran’s natural gas output increased by 50 percent over the past three years. Saying that Iran has problems in supplying gas to all the provinces, the official said inauguration of the new South Pars phases has added 50 percent to the country’s gas output over […]

Pakistani Cabinet Considers Iran Gas Pipeline Project

The Pakistani government is to discuss the details of the Iran-Pakistan (IP) gas pipeline project. The 56-inch diameter pipeline will initiate from South Pars gas field Iran and end at Nawabshah covering a distance of around 1,931 kilometer with 1,150 km portion in Iran and 781 km in Pakistan. The implementation is to be done […]

Iran Eying More Oil Contracts after Total Deal

Iran is hoping to secure more overseas investment after a consortium led by France’s Total on Tuesday signed a $4.8bn deal to develop part of the giant South Pars gasfield, Irans deputy oil minister for international affairs said. Speaking to the Financial Times, Amir Hossein Zamaninia stated: “This is an icebreaker and we shall see […]

Total Signs $4.8bn Gas Deal with Iran

By John Lee. French oil giant Total has signed a Heads of Agreement (HoA) with the National Iranian Oil Company (NIOC) for the development of phase 11 of South Pars, the world’s largest gas field. The company becomes the first western energy firm to sign a major deal with Tehran since the lifting of international […]