EghtesadOnline: To raise crude output in shared reservoirs with Iraq, Iran's Petroleum Engineering and Development Company is installing skid-mounted modular mini refining units in South Azadegan Oilfield in Khuzestan Province, managing director of the firm said.
EghtesadOnline: Raising production at South Azadegan Oilfield in the oil-rich Khuzestan Province tops the priority list of the Petroleum Engineering and Development Company (PEDEC) in the current Iranian year (started March 21).
EghtesadOnline: Crude oil production from the giant South Azadegan field near the Iraqi border will exceed 170,000 barrels per day by the end of the current fiscal year (March 20, 2019), the director of the field's development project said.
EghtesadOnline: Iran has met 70% of its production target from South Azadegan Oilfield, a major onshore reservoir in the southern Khuzestan Province near the border with Iraq.
EghtesadOnline: National Iranian Oil Company (NIOC) and Malaysian Petronas have singed a Memorandum of Understanding for exploration studies on South Azadegan and Cheshme Khosh oil fields.
EghtesadOnline: Iran will soon tender the drilling of 20 wells in its South Azadegan oil field which is the first reservoir on tap for development under the country’s post-sanction plans.