iran oil fields


  • oil-field 2019-07-08 22:20

    PEDEC to develop 3 oilfields under IPC-based deals

    TEHRAN – Head of Iran’s Petroleum Engineering and Development Company (PEDEC) said the company will start developing two Iranian oil fields under the country’s new model of oil contracts (known as IPC) soon and another field is also expected to be awarded to PEDEC in near future, IRNA reported on Monday.

  • Azar-oilfield 2019-05-19 20:19

    Azar oil field’s total output reaches 20,000 million barrels

    TEHRAN – Cumulative oil extraction from Azar oilfield has reached 20 million barrels since it began operation in March 2017, IRNA reported on Sunday.