IRNA With a 10% increase in extraction rate from the shared field of South Azadegan, Iran is expected to produce some 2.7 billion more barrels of oil amounted to dlrs one trillion, Petroleum Minister Bijan Zangeneh said on Monday. Speaking in the signing ceremony of a contract to develop South Azadegan Field, the minister that incomes from South ...

SHANA Iranian Minister of Petroleum Bijan Zangeneh said plans were under way to enhance oil recovery factor of the Azadegan joint oilfield in the near future. Speaking to reporters on Saturday evening following a meeting with professors of the universities which have signed deals with the National Iranian Oil Company (NIOC) for carrying ...

Al-Monitor | Bijan Khajehpour: There is no doubt that the reimposed US sanctions on Iran will compel Tehran to shift more proactively toward deeper political and economic ties with Eastern powers. Here, China stands out not only as Irans largest trading partner, but also as the top buyer of Iranian oil and hence the key player in filling the vacuum ...

Reuters- A tender for developing Irans Azadegan oilfield has been delayed again, a senior Iranian oil official said on Tuesday, adding that it will not take place in 2017. Tehran is looking to increase its crude output, and with 37 billion barrels of oil, the Azadegan field is Irans largest, shared with neighbouring Iraq. Iran said in June that international ...

SHANA Iranian Minister of Petroleum Bijan Zangeneh says a workshop will be held in Tehran on Azadegan Development Project's tender with foreign participants. According to IRIB, the official said the tender will take 7 or 8 months which is natural for such a major project. "The field is a big one and developers must submit their proposed plant ...

Tasnim Japan's biggest oil and gas explorer Inpex Corp might participate in a tender to develop the Azadegan oil field in southwestern Iran and form a consortium with other foreign oil firms to that end, a high-ranking Iranian official said. If Inpex gets involved in the Azadegan again after giving up its stake in the development project in 2010 ...

IRNA Iran Minister of Petroleum said on Wednesday that the process of tender for developing Azadegan oil field had begun. 'Some verified companies have been invited,' Bijan Zangeneh said, referring to the foreign companies taking part in Azadegan field tender. The minister also said that in the contract signed by the French oil giant Total for ...

Tasnim The CEO of the National Iranian Oil Company (NIOC) said a contract on the development of Azadegan Oilfield, located 80 km west of southwestern city of Ahvaz near the Iraqi border, will be signed with a foreign energy company in coming months. Speaking to the Tasnim News Agency, Ali Kardor said Azadegan is the countrys biggest joint oilfield,...

SHANA - International oil heavyweights Petronas and Royal Dutch Shell have handed over technical studies over Iran's biggest oil reserve, Azadegan Oilfield, to the National Iranian Oil Company (NIOC), an official said. The managing director of Iran's Petroleum Engineering and Development Company said the companies will present the ...

Oil Price |Dave Forest: Iran's newly-opened oil patch continues to gain momentum. With the UAE's Emirates National Oil Company saying this week it has paid $4 billion to Iran to settle a tab for crude, built up during the sanctions period. And the coming weeks may bring an even bigger development for this emerging oil hotspot. The award of Iran's ...

Press TV- Inpex, Japans largest upstream company, has announced that it will consider bidding to develop Irans huge Azadegan oil field the same project it abandoned in 2010 as a result of sanctions against Iran. Platts energy news service quoted an Inpex official as saying that the company was already in the process of collecting information ...

Shana-- Iran will hopefully sign its first oil deal based on the newly-devised contract terms before the end of President Rouhani's first term by July, Iranian Minister of Petroleum Bijan Zangeneh said. Speaking to reporters, the official said the invitation to tender for development of Azadegan Oilfield has started already. South Azadegan Oilfield ...

IRNA The international ender for the Azadegan oil field development is already underway, Minister of Petroleum said on Monday. We have already invited the international energy companies to submit their tenders regarding the development of the Azadegan oil field, Bijan Zangeneh said on Monday, adding that negotiations are underway with other companies ...

Press TV- Iran says it will hold within days a much-awaited tender over the development of a lucrative oil project in its southwestern province of Khouzestan. Ali Kardor, the managing director of the National Iranian Oil Company (NIOC), told the domestic media that a tender over the development of Azadegan oil field would be held before Friday....

Reuters - Tenders for developing Iran's Azadegan oilfield will take place within a month the managing director of the country's Petroleum Engineering and Development Company (PEDEC), Seyed Noureddin Shahnazizadeh, was reported as saying by Mehr News on Wednesday. The Azadegan field is located in southwest Iran near the border with Iraq. Initial ...

MNA A consortium is likely to be formed by Britains Royal Dutch Shell, Frances Total as well as an Iranian company for development of Azadegan oilfield. On the verge of inviting the first tender for development of Iranian oilfields in the post-JCPOA era, Shell and Total have embarked on a rivalry over development of Irans largest oil field. At ...

TEHRAN, Feb. 22 (Shana) - The Japanese government is interested in upstream projects in Iran, including the Azadegan oil field, and intends to provide financial support for Japanese companies once commercial decisions for participating in the projects are made, a senior government official was quoted saying. "With Iran holding one of the largest ...

TEHRAN Dec 10 (Shana)--Early production from South Azadegan oil field is expected to reach 80,000 b/d, managing-director of Petroleum Engineering and Development Company (PEDEC) Abdorreza Haji-Hosseinnejad said. He said that a tender bid is being offered for this purpose, adding that production from South Azadegan is planned to be enhanced from the ...

Tehran, July 21, IRNA - Petroleum Engineering and Development Company (PEDEC) welcomes foreign investment in the development project of South Azadegan oilfield. Abdolreza Haji-Hossein-Nejad, the PEDEC managing director, said the company intends to develop the oilfield using its own capital, Shana reported. He put the preliminary approved budget for ...

TEHRAN June 23 (Shana)--Irans Petroleum Minister Bijan Namdar Zanganeh said drilling of 40 wells in the massive South Azadegan field is to be put to tender soon. Zanganeh said drilling of 40 wells has already been commissioned to National Iranian Drilling Company (NIDC) following the cancellation of a contract with China National Petroleum Corporation ...