SHANA -- The Director of Integrated Planning at the National Iranian Oil Company said the fate of all Iranian oil and gas joint fields had been determined except for one small field. According to IRNA, Karim Zobeidi said that the development of joint oil and gas fields was under way in Iran, adding: "The only joint field that has not yet been determined ...

SHANA -- The National Iranian Oil Company (NIOC) says Iran has recovered over 715 million barrels of oil from the joint field located in West Karoon region, west of the country. Director of Integrated Planning and Director at NIOC Karim Zobeidi said 87 billion barrels of in-place crude oil is estimated to be in the region's reserves of which over ...

Shana -- Iran says it holds 711.53 billion barrels of crude oil in-place of which 102.44 billion barrels are recoverable. Addressing a press conference, Karim Zobeidi, deputy managing director for consolidated planning at the National Iranian Oil Company (NIOC), said on Saturday that Iran has so far pumped 72.95 billion barrels of crude oil from ...

An unnamed European company has voiced its readiness for operating enhanced recovery projects in Iran, an official with the National Iranian Oil Company (NIOC) says. This European company will soon sign a cooperation agreement with the NIOC Exploration Directorate for conducing front-end studies in exploration zones, Karim Zobeidisaid on Tuesday. He ...