Tehran, IRNA – The CEO of Petropars Oil Company, Shamsuddin Mousavi announced on Monday that drilling of the second oil well of Forouzan Oilfield is being completed, therefore Iran increases oil ex

OMSK, July 20. /TASS/. Russian oil major Lukoil intends to take part in new tenders on oilfields development in Mexico, Chief Executive Officer of Lukoil Vagit Alekperov said on Monday.

Tehran, Sept 25, IRNA - By digging 11 new pumping oil wells and equipping other wells with pumps, Alvand oilfield’s output will reach 22,000 bpd from the current 11,000 bpd by March 2015, said an o

Ahvaz, Khuzestan prov, July 1, IRNA – Managing Director of national Iranian South Oilfields Company Hamid Bovard said Monday the company has plans to increase oil production to more than three mill

TEHRAN,Nov.5(MNA) – The Iranian Offshore Oil Company plans to ink a deal worth $1.2 billion with domestic contractors to develop the Soroush oilfield, IOOC Managing Director Mahmoud Zirakchianzadeh