South Pars

Iran to begin new drilling operations in South Pars gas field

Iran to begin new drilling operations in South Pars gas field

Iran’s Pars Oil and Gas Company (POGC), which is in charge of developing the country’s giant South Pars gas field in the Persian Gulf, is preparing to begin new drilling operations in this field, an official with the company …

Iran bets on gas

Iran bets on gas

South Pars is also key to Iran’s ambition of becoming a top-tier global player in the liquefied natural gas market

Total seeks exemption from US sanctions for Iran gas project

Total seeks exemption from US sanctions for Iran gas project

French oil major Total said Wednesday it will end work on a major gas field project in Iran unless it is exempt from US sanctions against Tehran that the Trump administration is phasing back in. Total started the South Pars 11 …

Total may pull out of Iran South Pars project

Total may pull out of Iran South Pars project

France’s Total said on May 16 it may pull out of the Iran South Pars 11 (SP11) energy project in light of a decision by U.S. President Donald Trump to withdraw from an international nuclear deal with Iran, E&P …

Iran says to sign Total deal by early August

Iran says to sign Total deal by early August

A prospective oil contract between Iran and Total will be signed before the end of the current administration’s tenure, Oil Minister Bijan Namdar Zanganeh said, AzerNews reported citing SHANA news agency. Less …

Iran prepares to begin oil production at South Pars field

Iran prepares to begin oil production at South Pars field

Iranian Oil Minister Bijan Namdar Zanganeh said that Islamic Republic will begin oil production at South Pars field by the end of the current fiscal year (March 21, 2017). According to him, considering the conditions of …

Total may abandon decision to invest in Iran's South Pars

Total may abandon decision to invest in Iran's South Pars

French oil major Total plans to make a final investment decision on a $2 billion gas project in Iran by the summer, but the decision hinges on the renewal of US sanctions waivers, the company's chief executive Patrick …

Iran increases gas production

Iran increases gas production

Iran has inaugurated a new platform at the Phase 21 of South Pars gas field, thus adding 28 million cubic meters per day (mcm/d) of gas to the production. "The production capacity of South Pars has reached 515 mcm/d," the …

South Pars yields 460 mcm/d

South Pars yields 460 mcm/d

Iran is currently extracting 460 million cubic meters per day (mcm/d) of gas from South Pars gas field, the managing director of Pars Oil and Gas Company (POGC), Mohammad Meshkinfam, said. According to Meshkinfam, over …

Total, CNPC and Petropars agree with NIOC on South Pars output

Total, CNPC and Petropars agree with NIOC on South Pars output

National Iranian Oil Company (NIOC) signed a $4.8 billion agreement (HOA) deal with French Total, China National Petroleum Corp. and Iranian Petropars company on Wednesday for development of the phase 11 of South Pars joint gas field. …