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New offshore platform comes into operation at Iran’s South Pars
Mar 09, 2020 06:23The fourth and last platform of Phase 13 in Iran’s South Pars Gas Field has been installed, the project’s contractor said, adding the new mega-structure is going to raise the daily gas production in Phase 13 to 56 million cubic meters.
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Iran says coronavirus has not affected oil, gas production
Mar 04, 2020 11:40Iran's Ministry of Petroleum says the coronavirus has not affected Iran’s oil and gas production and that the virus containment at the oil industry has successfully been fulfilled.
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Iran's offshore installation proves how sanctions are not bad news
Feb 26, 2020 13:33Iranian companies have installed a 2,500-tonne offshore platform at phase 13 of the world’s largest gas field in the Persian Gulf, in a further testimony to their burgeoning ability to carry out tasks which until recently were an exclusive prerogative of international energy giants.
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JP Morgan economists warn climate crisis is threat to human race
Feb 26, 2020 11:16According to an analysis compiled for the Guardian last year, JP Morgan has provided $75 billion in financial services to the companies most aggressively expanding in sectors such as fracking and Arctic oil and gas exploration since the Paris Agreement. The authors say policymakers need to change direction because a business-as-usual climate policy “would likely push the earth to a place that we haven’t seen for many millions of years”, with outcomes that might be impossible to reverse.”
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Iran’s gas production to hit all-time high in weeks
Feb 26, 2020 07:29Iran is going to set a new high record in the production of natural gas within the next few weeks, Oil Minister Bijan Namdar Zanganeh announced.
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Giant platform installed in Iran’s South Pars
Feb 24, 2020 13:57The third gas-extracting offshore platform of South Pars Phase 13, known as platform 13-A, was held in place this morning.
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Iran fulfills dream as it unveils first homemade oil rig
Feb 19, 2020 13:50Iran has unveiled its first oil rig manufactured by domestic companies, fulfilling a dream which the country’s petroleum industry cherished for long.
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US to exempt Iraq from sanctions against Iran, Iraqi officials say
Feb 10, 2020 14:43The United States has announced to Iraq its readiness to renew sanctions waivers allowing the country to continue importing gas and electricity from Iran, Iraqi officials say.
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Iran outstrips Qatar in gas extraction from joint field: Oil minister
Feb 05, 2020 08:42Iranian Oil Minister Bijan Namdar Zanganeh said the country’s daily extraction of natural gas from the South Pars Gas Field has overtaken Qatar’s daily output from the joint field.
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Gas production begins in 3rd platform of Iran’s South Pars Phase 14
Dec 26, 2019 14:24The operation to extract natural gas from the third platform of Phase 14 of Iran’s giant South Pars gas field started off on Wednesday night, an official announced.