The drilling of the first seven wells of South Pars Phases 17 and 18, which have a production capacity of 15mn cubic metres of gas, has been completed
Exploration & Production
Jordan signs two new oil deals
The Jordanian government has signed new oil exploration agreements with firms from Saudi Arabia and Korea
Iran starts production on two new oilfields
Production has officially started at the Sarvestan and Saadat Abad oilfields in central Iran, with both fields expected to add a total projected 15,000 bpd to the countrys daily output
WesternZagros spuds Kurdamir-3 well in Kurdistan Region of Iraq
WesternZagros Resources Ltd has spudded the Kurdamir-3 well on the Kurdamir Block in the Kurdistan Region of Iraq
Iran's oil reserves in Gulf estimated at 96 billion barrels
Iran Offshore Oil Company has announced that the volume of Irans oil reserves in the Gulf, excluding those of South Pars oil layers, has been estimated at 96bn barrels