EghtesadOnline: Operations are underway to install Iran's first floating production, storage and offloading vessel, named FPSO Cyrus, at the offshore crude oil layer of South Pars, the giant gas field that is shared between Iran and Qatar in the Persian Gulf, managing director of the Iranian Offshore Oil Company said.

EghtesadOnline: The Iranian Offshore Oil Company (IOOC) is taking measures to increase production from oilfields in the Persian Gulf whose output took a hit when international sanctions were in place, Hamid Bovard , the company's chief executive officer, said.

EghtesadOnline: The first crude oil consignment from the oil layer of South Pars, the giant gas field that is shared between Iran and Qatar in the Persian Gulf, has been exported, managing director of the Iranian Offshore Oil Company (IOOC) said on Monday.