Iran has started a major project to develop oilfields at one of the country’s old reservoirs that is shared with neighboring Iraq.

EghtesadOnline: Equipped with advanced equipment, the National Iranian Drilling Company is able and willing to expand the scale and scope of its activity in offshore and onshore oilfields.

EghtesadOnline: With the aim of developing power generation, approximately 2.3 billion cubic meters of associate petroleum gas has been harnessed from Sirri Island oilfields in the Persian Gulf for power plants in the southern regions.

EghtesadOnline: NGL 3100, an under-development gas venture to collect and process associated petroleum gas from oilfields in Ilam and Dezful, will be fed with as much as 6 million cubic meters of gas per day, the head of Iranian Central Oil Fields Company said on Wednesday.

EghtesadOnline: Developing oilfields, especially in the Caspian Sea is not on the agenda of the National Iranian Oil Company. Therefore, Khazar Exploration and Production Company as a subsidiary of the NIOC has adopted the same policy, said the managing director of KEPCO.

EghtesadOnline: Iran's top engineering and energy enterprise MAPNA Group signed an agreement on Monday with the National Iranian South Oil Company on developing Paranj and Parsi oilfields in Khuzestan Province.