SHANA -- The head of the Iranian Offshore Oil Companys Kish District said by replacing gasoil with gas in the islands power plant, the country has saved an equivalent of $1 billion worth of gasoil. Shahsavar Arghash, speaking on the sidelines of the 16th Kish Energy Show, stated that one of the major policies of Iranian Offshore Oil Company (IOOC) ...

SHANA A project was launched to transfer to Khark Petrochemical Company low-pressure gases collected in Doroud III. According to the Iranian Offshore Oil Company (IOOC), the project is estimated to generate 700,000 dollars in revenues for the country. Abbas Rajabkhani, head of the Khark Operational District of IOOC, said: "The project ...

TEHRAN (FNA)- Hengam oil fields production capacity will go up from 30 to 45 thousand barrels per day by the end of this (Iranian) year (ending in March, 2014). The announcement was made by Director of engineering and construction at the Iranian Offshore Oil Company ((IOOC) Reza Bayazi. Bayazi added that oil production from Hengam oil field ...