Iran has launched a scheme to explore and use new undersea gas reserves in the Persian Gulf, considering an inevitable drop of pressure at the giant South Pars gas field, shared with Qatar.
Iranian firefighters have managed to contain a fire that engulfed the 9th platform of South Pars Gas Field, the world's biggest natural gas field, located in the Persian Gulf.
Iranian President Hassan Rouhani on Tuesday inaugurated three new petrochemicals projects during his visit to the southern city of Asalouyeh in Bushehr Province.
Iranian Foreign Minister Mohammad Javad Zarif and Pakistani Prime Minister Shahid Khaqan Abbasi have held talks on the controversial issue of Iran-Pakistan gas pipeline.
While the French oil giant Total just signed a huge gas deal with Iran, American companies are deprived of Iran’s lucrative oil and gas market due to the restrictions imposed by the US administration.
The phases 17, 18, 19, 20, and 21 of the supergiant South Pars Gas Field in southern Iran were officially inaugurated by Iranian president on Sunday, increasing the country’s output from the joint gas field to Qatar’s level.
An Iranian lawmaker says the Parliament will investigate the veracity of allegations concerning French oil giant Total’s disclosure of secret data about Iran’s South Pars Gas Field to neighbouring Qatar.
An MoU to develop the Phase 11 of South Pars gas field was inked on Tuesday between Iran’s NIOC and Petropars companies, France’s Total as well as CNPCI of China.
Commander of the Islamic Revolution Guards Corps (IRGC) Major General Mohammad Ali Jafari said development of the phases 15 and 16 of the South Pars gas field in southern Iran was a testimony to the IRGC’s engineering skills and technical expertise.
Iran brings online two more operations in its biggest gas field, marking the opening of the first such project all carried out by domestic entities in the face of Western sanctions.
Implemented development plans of South Pars oil and gas field will be opened by President Hassan Rouhani on Monday as his government's top prioritized energy project.
Iran plans $50 billion of investment to boost recovery from its shared oil and gas fields, including 700,000 barrels per day of crude, Minister of Petroleum Bijan Zangeneh says.
Iran's oil minister has said that as promised before the country will increase its gas production from South Pars by 100 million cubic meters [per day] by yearend [March 2015].
Iranian Oil Minister Bijan Namdar Zanganeh announced that phase 12, the biggest development phase of the massive offshore South Pars gas field, south of Iran, will double gas production by the next month.
Iranian Oil Minister said on Sunday that the ministry plans to boost the country's gas production before winter through completion of several projects in various phases of the South Pars gas field.
