Azadegan Up for Investment

TEHRAN (Shana) — The Azadegan oil field is Iran’s largest oil field and the third largest field in the world, just behind Saudi Arabia’s Ghawar and Kuwait’s Burgan oil fields. Azadegan was discovered in 1997. It covers an area of

Petchem Value Chain Completion Envisaged

TEHRAN (Shana) — A total of 15 petrochemical plants are affiliated with the Persian Gulf Petrochemical Industries Company (PGPIC). The plants account for 40% of Iran’s petrochemical exports. Although PGPIC has been under US sanctions, it continues to export petrochemicals.

Iran Oil ‘Takes Off’ for Mastering Technology

TEHRAN (Shana) — Iran’s petroleum industry has accelerated its development after dealing with tough conditions of sanctions over a decade and going into ups and downs. Nationalization of technical knowhow and acquisition of cutting-edge technologies have always constituted a major

NIDC Drillings Hit 132,000 Meters in 10 Months

TEHRAN (Shana) — National Iranian Drilling Company has announced it successfully drilled over 132,000 meters of oil and gas wells over the course of the past 10 months.     According to the company, Mohammad Al-Khamis, the company’s drilling operations