A contractor working for the Iranian Oil Ministry says production from a joint oilfield located at the border with Iraq is to begin soon. Gholamreza Manouchehri, the CEO of OIEC Group, a major oil and gas contractor company in Iran, said on Wednesday that a development project for the Azar Oilfield, which shares its reserves with the Badra Oilfield ...

SHANA - Iran and Iraq have reached an understanding for joint development of Naft Shahr and Khorramshahr joint oilfields, Iranian Minister of Petroleum Bijan Zangeneh announced. Speaking on Sunday, on during a visit to the Energy Industries Engineering and Design (EIED, an affiliate to the Oil Industries' Engineering and Construction (OIEC)), the ...

Press TV - Iranian authorities have reject reports that massive floods have affected crude production in joint oil fields with neighboring Iraq. Head of Irans Petroleum Engineering and Development Company Turaj Dehqani said on Saturday that historic flash floods that inundated parts oil-rich province of Khuzestan in southwest of the country over ...

Al Monitor| Saraal-Qaher: On Feb. 20, the Iraqi Oil Ministrysigned a memorandum of understanding with the Iranian Oil Ministry to settle disputes over the joint oil fields and examine the possibility of building a pipeline to export crude oil from the Kirkuk fields, in the north of Iraq, through Iran. The ministry also wants to study moving Iraqi crude ...

TEHRAN, Feb. 24 (Shana) Iran has started production operation for 85,000 barrels of oil a day from the Yadavaran Field jointly held by neighboring Iraq to test its output sustainability, said administrator of the fields development project. The field will be inaugurated in near future as production of 85,000 barrels a day has been secured and all ...

TEHRAN (ISNA)- Iran would extract 40.000 oil barrels from South Yaran Oil Field by the first six months of the next Iranian calendar year (starts on March 21, 2015). The oil field is shared by both Iran and Iraq, and is being developed now. The oil field which is 22 kilometers long and 2.5 kilometers long is located 130 km west of Ahvaz city south ...

[caption id="attachment_95229" align="alignright" width="145"] A drilling rig at work in Yadavaran oil field, southwest of Iran (file photo)[/caption] Tehran, Jan 7, IRNA Iran has taken lead in developing a joint oil field with Iraq, an official said on Wednesday. Talking to reporters, development contractor of Yadavaran oil field Hadi Nazarpour ...