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new oil fields

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  • NIOC 2025-05-26 14:59

    Iran eyes new oil fields discovery with modern technology

    TEHRAN - Iran is progressing ahead of its planned targets in oil exploration and aims to identify new — albeit smaller — oil fields by leveraging modern technologies, a deputy oil minister said on Monday, expressing hope that such developments could pave the way for greater private sector participation through IPC and other contractual frameworks.

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