SHANA -- Iran hopes to bring its oil output to over 5 mb/d under its 20-year vision plan by investing in ageing fields. Some of oil fields in Iran are already mature. Their oil has partly been recovered, but cutting edge technologies are needed to extract the remaining oil. Thanks to existing technologies, it would be possible to raise oil recovery ...

TEHRAN Jan 05 (Shana): Director of research and technology of National Iranian Oil Company (NIOC) Ali Emadi said the Enhanced Oil Recovery Consortium is operating its first project in the Ahvaz field. He said a 100-billion-rial feasibility study project is under way in the Bangestan reservoir of Ahvaz field. Emadi said this field is currently producing ...