harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies
The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.
A 25% increase in the limit of the contract between the Northern Drilling Company and Caspian Oil
Shamal Drilling Company, the exploratory drilling contractor in the Caspian Sea, announced an increase of 25% of the initial contract amount in some contract cases with the Caspian Oil Company.
30% of the country’s non-oil exports are from the petrochemical industry
The investment manager of the National Petrochemical Industry Company said: We are obliged to solve as many challenges and problems as possible so that the development of the industry takes place, because the petrochemical industry accounts for about 8% of the gross domestic product and 30% of non-oil exports are made from the petrochemical industry.
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harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies
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A 25% increase in the limit of the contract between the Northern Drilling Company and Caspian Oil
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Inauguration of the second row of Azadegan Southern Central Processing Unit; The backbone of West Karun development
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Oil Technology Park with three strategic missions, on the path of digital transformation and consumption management
The head of the Oil Industry Technology and Innovation Park, emphasizing that no technological development is possible without networking and real cooperation between knowledge suppliers and problem owners, said: The Oil Industry Park pursues three major missions in the field of the oil industry value chain, smartization and digital transformation, and consumption management, and is trying to use technologies to solve strategic issues in the oil industry with a business-oriented perspective.
Formation of a special working group to accelerate the collection of flare gases
The head of the Ministry of Oil's Flare Gas Collection Working Group, emphasizing the need to accelerate associated gas collection projects, said: "By order of the Minister of Oil, a special working group with broad powers has been formed to achieve complete collection of associated gases before the end of the Seventh Development Plan by monitoring, facilitating, and removing obstacles."
Synergy between university, research institute, and technology park; the driving force behind innovation in the oil industry
The Deputy Minister of Petroleum for Engineering, Research and Technology emphasized the importance of synergy between the University of Petroleum Industry, the Petroleum Industry Research Institute, and the Petroleum Industry Technology and Innovation Park, saying: "The cooperation of these three complexes not only provides the basis for the technological development of the oil industry, but can also create job opportunities for the country's youth and strengthen the motivation to stay and serve within the country."
Iran’s refineries are far from Nelson’s global standard; the future of the refining industry is uncertain
While refineries around the world have achieved a high level of complexity by relying on new technologies and extensive investments, Iranian refineries are still significantly behind global standards. Morteza Behrouzifar, an energy expert, says that our problem is not just a lack of capital; even if we assume that we have sufficient financial resources to implement projects, there is still no possibility of serious upgrading of refineries due to limited access to modern technology and equipment.
Iran’s new oil production record in July: 3.27 million barrels per day, approved by the Energy Agency
The International Energy Agency reported an increase of about 200,000 barrels of Iranian crude oil in July.
Developing energy infrastructure with private sector participation; Iran on the path to attracting capital and regional competition
The Chairman of the Board of Directors of the Association of Oil, Gas and Petrochemical Contractors (APEC), stating that EPC contracts are the main contract governing the country's construction industry, said: "To achieve development, it is necessary to facilitate oil contracts and synergize the government and the private sector."
Gas exports to Iraq and Türkiye remain intact
The Deputy Minister of Oil announced in a press conference the export of gas to Iraq and the possibility of extending the long-term contract for gas exports to Türkiye.
Deputy Oil Minister Admits to 350 Million Cubic Meters of Gas Unbalance
In today's press conference, the Deputy Minister of Oil announced the stable supply of gas to petrochemicals last year without complete interruption and announced that despite an imbalance of 300 million cubic meters of gas, the Ministry of Oil's careful planning has increased power plant reserves by 60 percent this year.
Minister of Energy: We have passed this year’s electricity peak
The Minister of Energy said: "We have left the electricity peak behind us, but we still need the support of subscribers until the end of the summer to end the blackouts."
South Pars becomes safer; heavy emergency valves replaced on platform number 10
The Director of Production and Operations of Pars Oil and Gas Company announced the replacement of the main 32-inch gas flow disconnection valves (ESDV) of South Pars gas platform No. 10 with the aim of increasing production safety and sustainability.
