SHANA The National Iranian Drilling Company (NIDC) has drilled 111,000 meters of oil and gas wells since March 2019. According to NIDC, Mohammad Ale-Khamis, NIDC deputy CEO for drilling operations, said the company had spudded 81 oil and gas wells during the 8 months, adding the figure entailed an exploration , 25 development and 6 appraisal wells ...

SHANA-- The presence of international companies is beneficial to Iran as they can support the country technically and technologically, but the development process in West Karoun region would not be hindered by their exit from Iran and "would be continued seriously", a senior Iranian oil official says. Speaking to Shana, Touraj Dehghani, CEO of the ...

TEHRAN Oct. 6 (Shana) Twelve more drilling rigs will be added to the existing giant towers in the South Pars oil field in southern Iran upon signing of contracts with domestic and foreign firms, said an official in the Petroleum Engineering and Development Company (PEDEC). The equipment will be installed by yearend. In the meantime, we expect activities ...

[caption id="attachment_113500" align="alignright" width="199"] Irans Minister of Petroleum Bijan Namdar Zanganeh (file photo)[/caption] TEHRAN Feb 28(Shana)--The Minister of Petroleum Bijan Namdar Zanganeh has ordered conducting an investigation regarding oil industry operations in West Karoun Region where it is said drilling and other oil industry ...

TEHRAN August 23 (Shana)--A fifth development well has been drilled in South Azadegan oil field, 17 days ahead of schedule, the project manager said. Manouchehr Assadi said the well was spudded by Fath 89 drilling rig in oil well number 41 of the field shared with neighboring Iraq. He said the drilling of 50 wells has been assigned by Petroleum Engineering ...

TEHRAN August 2 (Shana)--Petroleum Engineering and Development Company (PEDEC) is building ten concrete crude oil storage facilities, PEDEC chief said. Abdorreza Hosseinnejad said the facilities are already 85 percent completed. He added that they are likely to come on-stream by March next year. The facilities are being built for storing a total ...

TEHRAN Sep 22 (Shana): National Iranian Drilling Company (NIDC) completed drilling of 23 wells in Yadavaran oil field. Director of drilling operations at NIDC, Hosain Rahimi, made the remarks adding with deploying 3 heavy drilling rigs and round the clock efforts by NIDCs workforce, the company succeeded to drill 80.832 meters of well in Yadavaran ...