EghtesadOnline: Iran's Petroleum Engineering and Development Company has signed a contract with unnamed international companies to lease transportable refining equipment to increase crude output in West Karoun block in the southern Khuzestan Province, the chief executive officer of PEDEC said.

EghtesadOnline: In line with plans to raise crude output by developing shared reservoirs with Iraq, an agreement to install skid mounted modular mini refining units to process 50,000 barrels per day in South Azadegan Oilfield has been concluded with an unnamed international firm, an official of the Petroleum Engineering and Development Company said.