Posts Tagged “South Pars”

Iran installs new gas platform in South Pars field

Iran installs new gas platform in South Pars field

Once the new platform D14 is ready to operate, the Phase 14 of South Pars filed will produce 50 million m3/day of sweet gas, 75,000 bpd of condensate, 400 tonnes/day of Sulfur and an annual amount of one million tonnes of LNG and Ethan.

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Iran’s South Pars gas output doubled in five years

Iran’s South Pars gas output doubled in five years

The output from the giant South Pars Gas Field in the Persian Gulf has been doubled in the past five years, the managing director of Pars Oil and Gas Company said. “Iran is now extracting around 600 million cubic meters per day of natural gas from the field, twice the amount five years ago,” Mohammad…

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Photo: Persian Gulf Star Refinery

Photo: Persian Gulf Star Refinery

Iran’s Persian Gulf Star Refinery in the southern province of Hormozgan is the first of its kind designed based on gas condensate feed-stock recovered from South Pars gas field which Iran shares with Qatar in the Persian Gulf. Construction of the refinery started in 2006, but the project was delayed as the result of some …

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Iran’s South Pars’ sour gas output to increase 56 mcmd

Iran’s South Pars’ sour gas output to increase 56 mcmd

Iran‘s rich sour gas production in the supergiant South Pars Gas Field in the southern Iranian province of Bushehr will increase 56 million cubic meters per day in the year to March 2019, said the managing director of Pars Oil and Gas Company (POGC). Mohammad Meshkinfam noted that Iran extracted an average of 550 million…

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Iran planning to $100b investment in oil industry

Iran planning to $100b investment in oil industry

Farhad Daneshvar: President Hassan Rouhani in an addressing to the parliament on August 20, said that drawing $100 billion in foreign investment to develop Iran’s oil industry is among the oil minister’s main tasks in his second term. “There is bad news and good news,” believes Chris Cook, a strategic market consultant, who also formerly…

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Iran’s South Pars, Indicator of Iranian Contractors

Iran’s South Pars, Indicator of Iranian Contractors

Gholam-Reza Manouchehri has experienced working both in offshore and onshore. He is well familiar with subsea pipelaying and refinery construction. He also knows sanctions and lack of finance. Manouchehri has a brilliant background in companies like Petropars and Iranian Offshore Engineering and Construction Company (IOEC), both involved in the development of South Pars gas field….

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Iran signs $5b gas deal with Total+Photo-Video

Iran signs $5b gas deal with Total+Photo-Video

Iran signed a multibillion dollar deal on Monday with French oil giant Total and Chinese state oil company CNPC to further develop the country’s giant South Pars Gas Field in cooperation with Iran’s Petropars. The first major Western energy investment since sanctions against Tehran were lifted will cost up to $5 billion, with production expected…

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Iran start talks with Maersk over SPOL

Iran start talks with Maersk over SPOL

Oil Minister Zanganeh said negotiations with the Danish business conglomerate, Maersk Group, were being pursued over development of South Pars Oil Layer (SPOL). Bijan Zangaeh, while pointing to continuation of talks with Maersk Group, voiced optimism that final agreements will be reached in near future. “What’s more, Pars Oil and Gas Company Ltd. has been…

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Iran inaugurates mega gas projects worth $20b+Photo

Iran inaugurates mega gas projects worth $20b+Photo

Iran’s President Hassan Rouhani inaugurated five new phases of the South Pars Gas Field on Sunday which were completed at a cost of $20 billion, local media reported. The inauguration of phases 17-21 paves the way for Iran to overtake neighboring Qatar in production from the offshore gas field which it shares with Iran, Iranian…

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Report: Iran to turn into ME ethane giant

Report: Iran to turn into ME ethane giant

With implementation of new South Pars phases, Iran’s ethane output will double as the country will be able to rival US in producing the main feedstock for petrochemical industry. Ethane remains as one of the world’s most strategic gas products which marks the main feedstock for petrochemical industries in various countries. A boost in ethane…

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