Tag: Iran
Iran: Hormoz petrochemical unit
Iran and Oman have signed a memorandum of understanding to jointly construct the Hormoz urea and ammoniac production unit in the South Pars region, of northern Iran.
Iran: offshore gas investment
Seifollah Jashnsaz, managing director of the National Iranian Oil Co. (NIOC) told a state television channel that the country intends to spend USD 70 billion on the development of two offshore gas fields between 2010-2015, and that the money would be spent on the development of the huge North and South Pars gas fields.
Iran: oil storage tanks
The completion of construction work of new storage tanks in Kharg Island in Iran will enable the country to raise its storage capacity by 25%.
Russia, Iran and Qatar gas cartel
Since Russia, Iran and Qatar recently said that they were forming an Opec-style gas cartel, Western concerns about global energy markets have hit new heights.
Oman: Kish gas project
Oman and Iran plan to complete the development of the Kish gas field in the Gulf by 2012 with the sultanate footing the bill of up to USD 12 billion.
Iran: Danan oil field development
The Petro Vietnam Exploration and Production Co. (PVEP) is to commence exploration and development of Iran’s Danan oilfield on 1 August.
Iran: GTL processing plant
Iran’s oil industry is planning to build a small GTL (gas to liquid) processing plant in the Assaluyeh, southern Iran.
Iran: polyethylene (HDPE) manufacturing plant
Mitsui Engineering & Shipbuilding Co., Ltd (MES) and Mitsui Chemicals, Inc. (MCI)have jointly entered into a contract with Iran’s Mehr Petrochemical Co. Ltd (MHPC) for construction of a high density polyethylene (HDPE) manufacturing plant.
Iran undertakes huge petrochemical project plan
Iran is undertaking an expansion plan to increase its petrochemical capacity on an enormous scale.
KCA wins contract in Iran
Abbot Group's wholly owned subsidiary KCA Drilling has received confirmation of a contract with Elf Petroleum Iran, a subsidiary of TotalFinaElf, appointing KCA as the onshore drilling contractor for the Dorood Field development on Kharg Island in Iran.
