Tehran, July 20, IRNA – With a 10% increase in extraction rate from the shared field of South Azadegan, Iran is expected to produce some 2.7 billion more barrels of oil amounted to dlrs one trillio

Tehran, Sept 10, IRNA – Deputy Managing Director of the National Iranian Drilling Company (NIDC) for Drilling Projects Mohammad-Reza Takayedi says ten new drilling rigs have been transferred to two

Tehran, May 21, IRNA – Managing Director of the National Iranian Oil Company Rokneddin Javadi said that Iranian companies will replace Chinese firms in South Azadegan development plan.

Tehran, July 9, IRNA – Oil Minister Rostam Qasem said on Sunday that Chinese companies are now investing dlrs 20 billion in the Iranian oil fields of North and South Azadegan as well as Yadavaran t