Transformation in oil industry financing with new tools and guarantee funds

Transformation in oil industry financing with new tools and guarantee funds

The Ministry of Oil of the 14th government, within the framework of the Seventh Development Plan, has implemented various initiatives in the field of capital attraction and financing, paving the way for the development of oil and gas fields and increasing production capacity. By introducing new financial instruments and establishing guarantee funds, it has paved the way for the participation of domestic and foreign investors.
The 17th major overhaul of the Ilam Gas Refinery has begun

The 17th major overhaul of the Ilam Gas Refinery has begun

The head of maintenance at the Ilam Gas Refinery announced the start of the 17th major overhaul of the refinery on September 1st, saying: "The major overhaul of this period will continue for 24 days, with an estimated 64,000 man-hours of executive staff and 20,000 man-hours of supervisory staff."
Acceleration in the development of joint fields; competition with neighboring countries in western Karun

Acceleration in the development of joint fields; competition with neighboring countries in western Karun

The CEO of the Petroleum Engineering and Development Company, while explaining the company's strategic plans for the development of the West Karun joint fields, announced: "Completing processing infrastructure, utilizing modern drilling technologies, collecting associated gases, and complying with environmental requirements are among the most important measures that have been achieved in West Karun in recent months."