Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home ยป Iran eyes production rise

    Iran eyes production rise

    September 9, 2013
    Share
    Facebook Twitter LinkedIn WhatsApp

    Oil rig West-Africa09 September 2013, News Wires – Iran is looking to boost production at an offshore field to 100,000 barrels per day of oil by early next year, according to a report.

    Production at the Forouzan field, currently at between 20,000 and 40,000 bpd, will be sharply increased by the addition of two more production platforms, Reuters reported, citing a Farsi statement from Oil Ministry news website Shana.

    Gas production at the field is also set to increase by more than 250 million cubic feet per day.

    Shana reported Amir Saeed Najafi, deputy head of Iranian Offshore Engineering & Construction (IOEC), as saying the contract to build the two platforms had gone to a foreigner partner, which he did not name.

    A European Union court ruled last week that the EU shouldlift current sanctions on IOEC as well as several banks and a shipping company.

    The Forouzan field was one of a number destroyed by the US Navy in the Iran-Iraq war of 1980-88.

    – Upstream

    Related News

    Russia plans to compensate for oil overproduction in August-September

    Russia’s fuel export revenue in June fell 14% from last year, IEA says

    US OKs exchange with Exxon Mobil to aid Gulf Coast supplies

    E-book
    Resilience Exhibition

    Latest News

    Russia’s Novatek says Q2 gas output up 2.8% y/y

    July 12, 2025

    LNG Canada’s start-up yet to lift gas prices amid supply glut

    July 12, 2025

    Russia plans to compensate for oil overproduction in August-September

    July 12, 2025

    Taiwan’s CPC Corp eyes US shale gas assets, sources say

    July 12, 2025

    China sets its first renewable standards for steel, cement and polysilicon

    July 12, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.