EghtesadOnline: China's Petroleum and Chemical Corporation, known as Sinopec, is in talks with Iran's Petroleum Engineering and Development Company on developing the second phase of Yadavaran Oilfield in the southern oil-rich Khuzestan Province, PEDEC's chief executive officer said.
EghtesadOnline: Output from Yadavaran joint hydrocarbon deposit with Iraq located 70 kilometers west of the city of Ahvaz in Khuzestan Province near the Iraqi border has exceeded 100 million barrels since the field's first phase went on stream in November 2016, the head of the field's development plan in the Petroleum Engineering and Development Company said.
EghtesadOnline: Iran has extracted about 65 million barrels of oil from Yadavaran Oilfield near the Iraqi border in Khuzestan Province since it started production, earning a total of $3.2 billion in revenues.
EghtesadOnline: Royal Dutch Shell on Tuesday submitted a proposal to the Petroleum Engineering and Development Company for developing Azadegan and Yadavaran oilfields south of Iran.
EghtesadOnline: The National Iranian Oil Company is taking steps to tender the second development phase of Yadavaran Oilfield in an oil block known as the West Karoun in Khuzestan Province, according to the chief executive officer of the Petroleum Engineering and Development Company (PEDEC).
EghtesadOnline: Iran is to hold several international tenders for its Yadavaran and North Azadegan oil fields, a senior oil official said stressing that the Chinese companies should also attend if they want to continue cooperation with Iran.
EghtesadOnline: Iran plans to ask international oil companies to bid for the second phase of development of its Yadavaran and North Azadegan oilfields, a senior official said on Saturday.