Digging and completing the digging operation of 10 wells started in South Azadegan oil field, the managing director of National Iranian Drilling Company (NIDC) announced.
Iranian Labour News Agency
Digging and completing the digging operation of 10 wells started in South Azadegan oil field, the managing director of National Iranian Drilling Company (NIDC) announced.
Asian stocks eked out gains on Thursday, but the week’s rally lost steam as investors seemed torn between relief at the agreement of a huge U.S. stimulus package and dread over a likely spike in jobless claims and coronavirus cases.
An energy expert said under normal circumstances, Iran’s new oilfield could have encouraged international companies to invest in Iran.
An oil field has been discovered in Iran by the National Iranian Oil Company (NIOC) as a result of the drilling work carried out by the company for several years, Iranian President Hassan Rouhani said in his address to the public in the Yazd province.
According to Iranian Oil Minister, Iran and Iraq have agreed to develop an oil field jointly.