The head of planning and coordination of port, marine and transportation operations at the Iranian Offshore Oil Company said: "By carrying out a 2-kilometer offshore cable laying operation between the Nowruz field and the wellhead platforms and providing the electricity needed by these platforms, the oil production of the Nowruz field increased by 1,500 barrels per day."
The cleanup operation of more than 2,000 cubic meters of contaminated soil left over from past operations in the Aban and Paydar Gharb oil fields has begun.
In response to a question about handing over oil for sale to individuals (Zanjani), the Minister of Oil explained: "Who do you mean by individuals? I cannot mention the strategies for selling oil, as a rule, but we have a range of strategies and measures that we will use in accordance with any situation that arises."
A call for granting facilities was published in accordance with the instructions of Note 2 of the 1403 (2024) budget law for the entire country with the approach of developing knowledge-based businesses in the oil industry.
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.
Explaining the most important measures taken by the Ministry of Oil last year, the Minister of Oil emphasized: The Ministry of Oil plans to accelerate measures in this field and has short-term projects carried out by the private sector, as well as long-term and infrastructure projects on the agenda.
The CEO of the National Iranian Oil Company announced the achievement of a new record in the country's oil production, saying: "Crude oil production in early September of this year reached its highest level in the last seven and a half years, and this success is the result of the round-the-clock efforts of oil industry experts and employees to achieve the goals of the 14th government and strengthen the national economy."
