Posts Tagged “South Azadegan oil field”

European giants bidding for Azadegan oil field

European giants bidding for Azadegan oil field

Iran says a host of European giants are bidding for the development of its South Azadegan oil field – which was once considered as the world’s biggest oil find after it was discovered over 15 years ago. Nouroddin Shahnazizadeh, the managing director of the Petroleum Development and Engineering Company of Iran, told the domestic media…

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Iran’s South Azadegan daily crude output to hit 160k bpd

Iran’s South Azadegan daily crude output to hit 160k bpd

An oil official said once production volume at South Azadegan reaches 160 thousand barrels per day (bpd), West Karun joint fields will bring a revenue of 2.5 million dollars. Majid Najarian, deputy project director for development of South Azadegan oilfield, said 565 million dollars were invested over three years to increase output of North Azadegan…

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Iran sign 3 oil MoUs with Total and Shell

Iran sign 3 oil MoUs with Total and Shell

National Iranian Oil Company (NIOC) will sign into three accords with France’s Total and Royal Dutch Shell over development of three oil and gas fields of Iran. Following the signing of an Agreement in Principle (AiP) with France’s Total S.A. company on development of South Pars Phase 11, the French firm will seal two more…

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