The loading and installation of the SP11A jacket of the Phase 11 development plan of the South Pars Joint Gas Field began in the presence of the Governor of Bushehr, the CEO of Petropars Group, the CEO of Sadra Company, and executives of Pars Oil and Gas Company and Petropars.

Arvandan Oil and Gas Company and the National Iranian Drilling Company signed a memorandum of understanding to provide drilling rigs and related services.

The CEO of the National Iranian Oil Engineering and Construction Company stated that the capacity of the Sabzab-Shazand sour crude oil pipeline is 750,000 barrels of crude oil and said: "The implementation of this project will play a fundamental role in reducing energy imbalance and strengthening the country's energy security."

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 CEO of the National Iranian Drilling Company announced the drilling and completion of 114 oil and gas wells, recording more than 115,000 meters of drilling in one year of the 14th government's activity in the country's onshore and offshore oil-rich areas, using the company's drilling fleet.

The Minister of Oil announced: "With the opening of new petrochemical projects and processing facilities in the Azadegan field, the country's crude oil production capacity will increase, adding about 80,000 barrels per day to oil production."

China will source more than 13 percent of its imported oil from Iran in the first half of 2025; therefore, Iran, as a country with sustainable production capacity, is an important option for meeting part of this need, and it should be seen that significant economic opportunities will be created in the field of energy during the President's trip to participate in the Shanghai Summit.

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."

Abbas Karimi revealed the excessive hiring during the previous administration, the heavy costs of human resources, the high-profile overhaul in the middle of the war, and the drop in income due to the suspension of gasoline exports.

The Secretary General of the Petrochemical Industry Employers' Association emphasized the serious pursuit of resolving the industry's problems and said: "New solutions for financing petrochemicals will soon be finalized."