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Oil Block

  • EghtesadOnline: To help develop power infrastructure in shared oilfields with Iraq, a 500 megawatt power station became operational in Iran’s largest oil block known as West Karoun in Khuzestan Province, chief executive officer of the Mapna Group said.

  • EghtesadOnline: In line with the Energy Ministry's push to boost output from joint hydrocarbon reservoirs, Iran's Petroleum Engineering and Development Company (PEDEC) is making efforts to ramp up crude production from the West Karoun oil block at the Iran-Iraq border, which is lagging behind schedule, PEDEC chief executive said.