Reuters - Oil production at the West Karoun oilfields in southwest Iran has increased five-fold in the past six years, Irans Oil Minister Bijan Zanganeh said on Saturday, according to the news site of the oil ministry SHANA. SHANA did not give a figure for the increase in production. Last year, Iran eyed 300,000 barrels per day oil production ...

SHANA - Iran holds about 67 billion barrels of oil in place in the jointly owned oil fields in the West Karoun area. Until 2013, Iran was extracting nearly 50,000 b/d of oil from these fields which are shared with neighboring Iraq. But now Irans output has exceeded 300,000 b/d.   In the current calendar year to March 2018, the West Karoun ...

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 ...

Reuters - Iran has awarded its first cargo of West Karoun oil to Spains Repsol (REP.MC), two sources familiar with the matter said on Monday, indicating that Tehran is keen to boost its oil exports despite the looming threat of sanctions. The Persian Gulf nations exports hit 2.7 million barrels per day (bpd) oil in May, the oil ministrys news agency ...

FNA - Iran started production of extra-heavy oil with the API gravity of 20 from its Western Karoun reservoir, specially from the South and North Azadegan fields, despite the US threats of sanctions against the country's trade and oil exports. Iran now has access to new technology to produce specific crude oils, including extra-light, light, heavy ...

Reuters - Iran is readying the first commercial exports of its West Karoun crude oil grade for May or June, two sources familiar with the matter said, even as fresh economic sanctions against the country loom. Iran has already been shipping samples of the grade to customers since production from the West Karoun oilfields in southwest Iran nearly ...

Shana -- West Karoun covers a quite large area of land in the western bank of Karoun River as far away as the Iran-Iraq border. West Karoun is part of oil-rich Khuzestan Province, but in the 1980s and the following two decades it was impossible to operate oil exploration and production projects due to the imposed war and landmines that had not been ...

A senior oil official said on Saturday that talks with the French oil and gas major Total on taking over South Azadegan Oilfields development plan are underway, elaborating on a rise in West Karun Oilfields output. On an undisclosed agreement between National Iranian Oil Company and the French giant, Abdolreza Hossein-Nejad, managing director of ...

TEHRAN, Jan. 30 (Shana) Iran says it expects to withdraw 300,000 barrels of crude oil from west Karoun oilfields by March 2017, a senior Iranian oil official said. Petroleum Engineering and Development Company (PEDEC) Abdolreza Haji-Hosseinnejad told a press conference on Saturday that production of oil from North Yaran oil field will reach 30,...

By Mashregh News

TEHRAN August 26(Shana)Production from oil fields in West Karoun region in western Iran is planned to reach 0.7 million barrels a day in its first development phase, Iranian petroleum minister said. Addressing press conference on Tuesday, Bijan Zangeneh said of the envisaged 4.7mb/d increase in Iran's crude oil output, 0.7mb/d is expected to be ...

TEHRAN May 10(Shana)--Oil fields in West Karoun region in southwestern Iran are expected to increase the countrys oil production capacity by 700,000 b/d, Irans petroleum minister said. By developing West Karoun fields, the countrys oil production capacity would increase 700,000 b/d in three years, Bijan Zangeneh said. He said that development ...

[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 ...

[caption id="attachment_147491" align="alignright" width="150"] Iran hopeful to launch several major shared oil fields in West Karoun in the near future.[/caption] Irans media reported on Saturday that the country is pressing ahead serious plans to develop several giant oil fields that it shares with Iraq on the western banks of Karoun River in the ...

TEHRAN Jan 10(Shana)--Production from oil fields in West Karoun zone in southwestern Iran is expected to reach 220,000 b/d later this year, managing-director of Petroleum Engineering and Development Company said. Abdolreza Hossein-nejad said production from South Azadegan oil field, located in West Karoun zone, is expected to double to 100,000 b/d ...

TEHRAN Dec 29 (Shana)--The governments Economic Council has given its nod for the integrated development of oil fields located in West Karoun region of Iran. The fields, shared with neighboring Iraq, are expected to produce 500,000 b/d of oil. First Vice-President Eshaq Jahangiri said in the meeting of the council that this decision would set a precedent ...

TEHRAN Oct 7 (Shana)--The National Iranian South Oil Company (NISOC) has completed three dimension seismic operations in Karoun and Lali oil fields, NISOCs deputy for geological operations Farokh Naseri Karimvand said. The 3-D operations carried out by Oil Exploration Operations Company (OEOC) as contractor that spent IRR199bn plus 14 million euros ...

TEHRAN June 28 (Shana)--Crude oil production capacity of West Karoun fields is to reach 1.4 mb/d by 2021, according to National Iranian Oil Company (NIOC) estimates. The fields located in oil-rich West Karoun region in southwestern Iran are currently producing 300,000 b/d. The fields are under development for enhanced recovery. Meantime, gas ...

TEHRAN (FNA)- Managing director of the Petroleum Engineering and Development Company (PEDEC) Abdolreza Hosseinnejadsaid the West Karoun Oil FieldsRegion plays a crucial role in the oil industry development in Iran's fifth five year development plan. Hosseinnejad said West Karoun Oil Fields Region is responsible for bulk of boosting oil production ...