EghtesadOnline: ONGC Videsh Ltd has opted to invest in developing a giant gas field in the Persian Gulf, for which a revised cost is being worked out, an unnamed official said.
EghtesadOnline: Having made inroads in the world's largest gas field in the Persian Gulf after a decade of development, Iran is moving on to other gas ventures to diversify its natural gas supplies amid hopes of a new inflow of foreign investments.
EghtesadOnline: Natural gas production from three phases of the South Pars Gas Field is slated to begin before the end of the present fiscal year (March 20, 2018), the managing director of Pars Oil and Gas Company said.
EghtesadOnline: South Pars Gas Field's development phases 17-21 will add more than 150 million cubic meters per day of gas from the giant offshore field when fully operative, said the CEO of National Iranian Oil Company, Ali Kardor.
EghtesadOnline: Iran says it has discovered a new gas field close to the giant South Pars natural gas field which it jointly shares with Qatar.
EghtesadOnline: Drilling operations in Kish Gas Field in the Persian Gulf has made 85% progress, according to the official portal of the state-run National Iranian Oil Company.
EghtesadOnline: The first crude oil consignment from the oil layer of South Pars, the giant gas field that is shared between Iran and Qatar in the Persian Gulf, has been exported, managing director of the Iranian Offshore Oil Company (IOOC) said on Monday.
EghtesadOnline: The National Iranian Oil Company is taking steps to tender the Farzad-B Gas Field, Ali Kardor, chief executive officer of the National Iranian Oil Company said, dashing hopes for an agreement with Indians who have been pushing for the drilling rights of the coveted field in the Persian Gulf.
EghtesadOnline: Petroleum Minister Bijan Zangeneh said on Sunday that the South Pars field in southern Iran is the symbol of the Economy of Resistance urged by Supreme Leader Ayatollah Seyed Ali Khamenei.
EghtesadOnline: Iran, holder of the world’s biggest natural gas reserves, boosted output by inaugurating six projects at the giant South Pars offshore field.