EghtesadOnline: Nearly $80 billion have been invested in the upstream sector of South Pars Gas Field in the Persian Gulf so far, but more is needed to complete the unfinished phases in the huge field, managing director of the National Iranian Oil Company said.
EghtesadOnline: The refinery of South Pars Gas Field Phase 14 will come online by mid-2021, project manager of the phase said.
EghtesadOnline: Gas extraction from the giant South Pars Gas Field in the Persian Gulf increased 150% over the last decade, managing director of Pars Oil and Gas Company said.
EghtesadOnline: Gas recovery rate has risen by 2.2 million cubic meters a day in South Pars Gas Field's Phase 4.
EghtesadOnline: Total is awaiting a decision by China National Petroleum Corp. on whether it will take over its stake in the development of Iran's giant South Pars Gas Field, the company said on Monday.
EghtesadOnline: The agreement to develop South Pars Gas Field's Phase 11 in the Persian Gulf with France’s Total and China National Petroleum Corporation has not undergone any changes yet.
EghtesadOnline: Two Iranian oil and gas companies have jointly conducted high-tech rigless stimulation and clean-up operation on a well in the fourth phase of the giant South Pars Gas Field in the Persian Gulf, saving millions of dollars in expenditure.
EghtesadOnline: Drilling operations of 22 wells in Phase 14 of South Pars Gas Field in the Persian Gulf are slated to be completed by the end of the current fiscal year (March 20, 2019), the managing director of Iranian Offshore Engineering and Construction Company said.
EghtesadOnline: Operations to develop South Pars Gas Field's Phase 11 in the Persian Gulf are moving forward despite Total abandoning the venture, the deputy for development and engineering at the National Iranian Oil Company said.
EghtesadOnline: Pipelines connecting offshore platforms of the South Pars Gas Field's phases 6-8 in the Persian Gulf to the offshore refineries of phases 4-5 have gone on stream, adding 3 million cubic meters to the facilities' gas transfer capacity.