SHANA -- The Doroud oil field, which is located in Kharg Island and northwest of the Persian Gulf, is among developed oil fields which the Iranian Offshore Oil Company (IOOC) presented to foreign investors within the framework of the new model of oil contracts the Iran Petroleum Contract (IPC). Nearly 16 years have now passed since an agreement ...

SHANA The production capacity of Khark Petrochemical Plant is expected to increase by 100 tons per day once the facility starts consuming associated petroleum gas (APG) from Doroud III project. According to the National Petrochemical Company (NPC), Gholamreza Amir Shaghaghi, the CEO of Khark Petrochemical Plant, said on Sunday that the project ...

SHANA A project was launched to transfer to Khark Petrochemical Company low-pressure gases collected in Doroud III. According to the Iranian Offshore Oil Company (IOOC), the project is estimated to generate 700,000 dollars in revenues for the country. Abbas Rajabkhani, head of the Khark Operational District of IOOC, said: "The project ...

SHANA -- Irans 2015 historic nuclear deal with the West is known as the biggest important event in the petroleum industry in recent years. The agreement, which was achieved after 10 years of intensive diplomatic talks, cleared the way for the return of Irans oil to global markets. Iran intends to take advantage of this opportunity to relaunch ageing ...