SHANA - Iran is currently producing 350,000 barrels per day of crude oil from West Karoon Plays and Azar Oilfield, a senior Iranian oil official says. Managing director of Petroleum Engineering and Development Company (PEDEC) Noureddin Shahnazizadeh said, "Currently, over 350,000 barrels per day of oil is being produced from the ...

SHANA-- Iran has started producing 10,000 barrels per day of crude oil from South Yarn oilfield which it shares with Iraq. According to the Petroleum Engineering and Development Company (PEDEC), the company's managing director Nooreddin Shahnazizadeh said 6 wells of the field have become productive, yielding 10,000 b/d of crude in the early production ...

SHANA - Crude oil production of South Azadegan Oilfield will cross 140,000 barrels per day by March 20 2018 from currently 80,000 b/d, a senior Iranian oil official said. Noureddin Shahnazizadeh, the managing director of Petroleum Engineering and Development Company (PEDEC), told Shana thatthe boost will be made possible in two phases by which production ...

Press TV - Iran says a host of European giants are bidding for the development of its South Azadegan oil field which was once considered as the worlds biggest oil find after it was discovered over 15 years ago. Nouroddin Shahnazizadeh, the managing director of the Petroleum Development and Engineering Company of Iran, told the domestic media ...

SHANA - A senior Iranian oil official says production capacity of the oilfields located in West Karoon region will reach 368,000 barrels per day by the end of the current Iranian calendar year to March 20 2018. Nourreddin Shahnazizadeh, managing director of Petroleum Engineering and Development Company (PEDEC), said the company has planned to bring ...

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 ...

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 ...

SHANA Managing Director of the Oil Development Engineering Nuroddin Shahnazizadeh says by the end of this Iranian calendar year to March 20, oil production from the fields located west of Karoun River will reach more than 300,000 barrels per day. Shahnazizadeh told Shana that that oil fields west of Karoun River are Green fields and their main difference ...