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April 09, 2026
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Azadegan oil field
Oil minister: Projects worth $15b to be launched by mid-March 2024
Saturday, 29 April 2023 08:06
Tehran (IP)- Oil and gas projects worth $15 billion will be inaugurated by the end of the current Iranian calendar year (March 19, 2024), stated Oil Minister Javad Owji on Friday.
Iran negotiates with neighbouring countries to develop joint oil fields
Tuesday, 18 October 2022 15:21
Tehran (IP)- Head of the National Iranian Oil Company (NIOC) said that Tehran has negotiated with some neighboring countries to develop joint oil fields.
Iran eyes $115bn profits by development of Azadegan Oilfield
Wednesday, 06 July 2022 13:23
Tehran (IP) - Iranian Minister of Petroleum Javad Owji says the development of Azadegan Oilfield would generate $115 billion in revenue and 24,000 jobs. Earlier, Owji announced a $ 7 billion investment in the Azadegan oil field to reach daily production of 570 thousand barrels.
$7 bln Azadegan oil field MOU, example of mobilizing internal capabilities
Wednesday, 06 July 2022 04:54
IP - The President described the signing of a 7 billion dollar memorandum of understanding for investment in the shared Azadegan oil field as an example of mobilizing the country's internal power.
Iran to increase oil production to 6.5 mb/d: Zangeneh
Monday, 31 May 2021 16:07
Tehran (IP) – Iran's oil minister says increasing oil production brings economic and security power, stressing that:" We can easily increase oil production to 6.5 million barrels per day."
MoU on study for developing Azadegan oil field inked
Monday, 31 May 2021 14:13
Tehran (IP) - The memoranda of understanding on the study for developing the Azadegan oil field was inked between the National Iranian Oil Company and Iranian exploration and production companies.
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