Posts Tagged “OMV”

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 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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