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Iran: Total and NIOC sign contract for the development of phase 11 of the giant South Pars gas field

Total and the National Iranian Oil Company (NIOC) have signed a contract for the development and production of phase 11 of South Pars (SP11), the world’s largest gas field. The project will have a production capacity of 2 billion cubic feet per day or 400,000 barrels of oil equivalent per day including condensate. The produced gas will supply the Iranian ...

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World Petroleum Congress starts in Istanbul

500 top industry executives, 50 energy ministers and 6,000 delegates will converge on Istanbul for the 22nd World Petroleum Congress, which starts today. Referred to as the ‘Olympics’ of the oil industry, delegates will spend five days discussing a changing industry and an increasingly uncertain global environment. Oil prices have slumped almost 60% since reaching highs of more than $100 ...

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No. 6 Drilling Magazine Was Published Simultaneously With The Start Of 22nd World Petroleum Congress

The only Iranian journal at 2017 World Petroleum Congress Drilling Magazine as the highest circulated publication of upstream petroleum industry of Iran has a bold presence in the 22nd World Petroleum Congress. In this issue, we have tried to give our audience valuable information from the Asian and Iranian regional wells and fields so that the companies can decide to ...

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Prospects of Sustainable Development; a New Era of Oil Production in The Region

Gholamreza Manouchehri is a quite well-known figure to local and international E&P companies. Being the Deputy Manager of the National Iranian Oil Company (NIOC) for Development and Engineering, he is in charge of all the development plans for Oil and Gas fields in Iran and an influential manager in IPC negotiations. What follows is an exclusive interview with Drilling Magazine ...

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Info&Trend

The Middle East, as a region which owns a considerable part of world oil reserves, is considered as an important center of investment for exploration and production companies as well as drilling service providers. More than half of the world oil reserves are located in five countries of Saudi Arabia, Iran, Iraq, Kuwait and UAE, and several thousand wells are ...

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