Thursday 19 January 2017
 
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South Pars

South Pars to see record rise in gas recovery

Iran's South Pars Gas Field is set to see volumes of 140 million cu m in its daily gas recovery, according to the managing director of Pars Oil and Gas Company (POGC). POGC will break the record for daily gas extraction by mid

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Total to install boosters to hike South Pars output

French oil giant Total will install a pressure booster station to Phase 11 of Iran’s South Pars Gas Field aiming to pump two billion cu ft of gas daily for 20 years, a report said. The move is aimed at tackling the drop in e

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Iran to ink gas production deal with Total

Iran will sign a deal with France’s Total next week for the development of gas production at a major offshore field in the Gulf, a report said. The development of Phase 11 of the South Pars field is worth $6 billion, an Iran

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Iran to ink gas production deal with Total

Iran will sign a deal with France’s Total next week for the development of gas production at a major offshore field in the Gulf, a report said. The development of Phase 11 of the South Pars field is worth $6 billion, an Iran

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Iran to sign 2 contracts to develop South Pars

Iran plans to sign two contracts on the development of the giant South Pars Gas Field by March, said a senior government official. Deals will be aimed at the development of Phase 11 and the oil layer of South Pars, Oil Minister Bi

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Iran to raise South Pars gas output

Iran is planning to increase gas extraction from South Pars Gas Field to the same level extracted by Qatar this year, a top official was quoted as saying in an Iran Daily report. Iran is extracting 270,000 bpd of oil from

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IOEC set for drilling ops at South Pars Phase 14

Iranian Offshore Engineering and Construction Company (IOEC) will commence offshore drilling operations at Phase 14 of t South Pars Gas Field by mid-July, said Iran Daily, quoting a top official. Physical activities at th

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South Pars phases 20, 21 ops to begin mid-March

Iran plans to launch phases 20 and 21 of the South Pars Gas Field by mid-March 2017, a report said. The phases will go on-stream with a daily production capacity of 50 million cu m (mcm) of natural gas, Iran Daily quoted

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Iran ‘needs $200bn to develop oil sector’

Iran need $200 billion investment to develop its oil industry, said Oil Minister Bijan Namdar Zanganeh, adding that since internal resources are not enough to meet such need, the country should attract foreign investment. The rece

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South Pars Phases 20, 21 to start ops in March

Phases 20 and 21 in Iran’s South Pars field are set to begin preliminary operations in late March, a report said.  “All stages of preparation including testing of lines and connections for the refinery sector as w

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