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
Breaking News
Getting to know Iran’s petrochemical companies; this is Kimia Pars Middle East
Kimia Pars Middle East Company, one of the important players in Iran's petrochemical industry, has achieved an influential position in recent years in the fields of foreign exchange earning, sustainable production, and development of global markets, relying on methanol production and 100% export of its products.
South Pars reaches operational self-sufficiency
South Pars announced that it will meet the majority of its operational needs by relying on domestic capacity and cooperation with knowledge-based companies; a path that has brought the complex to the threshold of industrial independence by localizing more than 15,000 components and creating a smart supply chain.
Daily domestic gas consumption exceeds 530 million cubic meters
Gas consumption in the domestic, commercial, and small industrial sectors increased as temperatures dropped in the second week of December, reaching a peak of 530 million cubic meters on December 12, bringing total weekly consumption to more than 3.65 billion cubic meters.
Two new contractors join Yadavaran development project
The executor of the Yadavaran Oil Field Development Plan announced that the final results were announced following the tenders for the surface work packages in the Yadavaran Oil Field Development Plan. He said: The implementation of two important operational packages, including the construction of wellhead facilities and pipelines, was assigned to Bina Design and Construction Companies and Khatam al-Anbia (PBUH) Construction Headquarters.
Incorrect energy pricing policies have reduced investment incentives
Arash Najafi criticized the lack of attention to consumption management and incorrect energy policies, saying that inaction in recent years has faced the country with inflation of nearly 1,000 percent, and without implementing optimization programs, any price reform will only increase economic pressure.
Modernization of Isfahan Refinery Control Systems in Final Stages
The project manager for the modernization of control systems at the Isfahan Refinery said: "As the first refinery in Iran, the Isfahan Refinery will ensure its sustainable production for years to come by using modern control systems instead of old pneumatic systems."
Extensive reforms in fuel consumption; daily reduction of 5 million liters of oil and gas
The Deputy Minister of Planning of the Ministry of Oil announced that continuing the "production-oriented" approach is not only economically unfeasible, but also technically impossible, stating: "Effective cooperation between executive agencies and coordination with the Islamic Consultative Assembly and the private sector are the conditions for success in the new path of energy efficiency."
The domestic oil, gas and petrochemical industry exhibition begins in Assaluyeh
Sakhvat Asadi, CEO of the Pars Energy Special Economic Zone, stated at the opening ceremony of the exhibition: "Asaluyeh, as the beating heart of Iran's energy industry, is hosting an event that can strengthen the domestic supply chain and pave the way for the development of new technologies."
95 percent of fixed petrochemical equipment was domestically manufactured
The CEO of the National Petrochemical Industries Company pointed to the annual need for about $2 billion in foreign equipment in the industry and emphasized: With middle managers' trust in the capabilities of domestic companies and manufacturers' commitment to quality and delivery time, Iran can be turned into a large construction workshop.
60-year-old petrochemical units without renovation will be eliminated from global competition
The Vice President of Development and Business of the Persian Gulf Petrochemical Industries Company said: "Continuing the operation of old petrochemical industry units that are 60 years old, without modernization and technological upgrading, will remove them from the cycle of global competition and even profitability."
