TEHRAN (FNA)- The Iranian Oil Ministry plans to hold a conference in London to put to tender investment in its oil and gas fields which need further development, a senior energy official announced on Monday. Managing director of the Petroleum Engineering and Development Company (PEDEC) Abdolreza Hosseinnejad reiterated that Kish and Salman gas fields ...

TEHRAN Jan 10(Shana)--Production from oil fields in West Karoun zone in southwestern Iran is expected to reach 220,000 b/d later this year, managing-director of Petroleum Engineering and Development Company said. Abdolreza Hossein-nejad said production from South Azadegan oil field, located in West Karoun zone, is expected to double to 100,000 b/d ...

TEHRAN Dec 10 (Shana)--Early production from South Azadegan oil field is expected to reach 80,000 b/d, managing-director of Petroleum Engineering and Development Company (PEDEC) Abdorreza Haji-Hosseinnejad said. He said that a tender bid is being offered for this purpose, adding that production from South Azadegan is planned to be enhanced from the ...

TEHRAN June 3 (Shana)--National Iranian Drilling Company (NIDC) is to install ten drilling rigs in the massive South Azadegan oil field by July, managing-director of Petroleum Engineering and Development Company said. Abdorreza Haji-Hosseinnejad said two wells are being spudded by NIDC in the field which is shared with Iraq. He also said that PEDEC ...

TEHRAN Mar 02 (Shana): Managing director of Petroleum Engineering and Development Company (PEDEC), Abdolreza Haji Hossainnejad, says the company will resume development of Kish gas field. He said over the course of development of Kish gas field, the company will give priority to extraction of gas condensate reserves stating drilling operation will ...

[caption id="attachment_27590" align="alignright" width="180"] A view of Iran's South Pars Gas and Oil Field[/caption] Work to develop the North Azadegan oil field in Iran is around 61 percent complete, according to Abdolreza Hosseinnejad, managing director of Petroleum Engineering and Development Company (PEDEC), as reported in the country's Fars ...

TEHRAN Jan 22 (Shana): Development plan of North Azadegan oil field has made progress by 61 percent, managing director of Petroleum Engineering and Development Company (PEDEC), Abdolreza Hosseinnejad said. PEDEC chief told Shana that the first phase of the project, which is underway under a buyback contract, will be complete in the next 18 months....

TEHRAN (FNA)- Managing director of the Petroleum Engineering and Development Company (PEDEC) Abdolreza Hosseinnejad criticized Chinese companies performance in developing Iran's shared oil fields, Yadavaran and Azadegan, saying they are lagging behind the schedule. Speaking to the oil ministry's website, Hosseinnejad regretted about Chinese oil ...

TEHRAN (FNA)- Four drilling rigs are now used in the drilling operations in Azar oil field, west of the country, but the number of operating rigs will rise to 6 to speed up the operation, managing director of the Petroleum Engineering and Development Company (PEDEC) Hosseinnejad said. Azar oil field, which Iran shares with Iraq, is located in ...

An Iranian energy official says his country plans to launch two oilfields shared with neighboring Iraq by the end of the current Iranian calendar year (ending on March 20, 2014). Managing director of Petroleum Engineering and Development Company (PEDEC), Abdolreza Hosseinnejad, said on Monday that Yadavaran and Northern Azadegan oilfields will become ...

TEHRAN (FNA)- Managing director of the Petroleum Engineering and Development Company (PEDEC) Abdolreza Hosseinnejadsaid the West Karoun Oil FieldsRegion plays a crucial role in the oil industry development in Iran's fifth five year development plan. Hosseinnejad said West Karoun Oil Fields Region is responsible for bulk of boosting oil production ...