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Aghajari Oil Field
The National Iranian South Oilfields Company (NISOC) (, ''Shirkat-e Mily-e Minatâq-e Nuftxiz-e Jinvâb-e Iran'') is a government-owned corporation under the direction of the Ministry of Petroleum of Iran, and operates as a subsidiary of National Iranian Oil Company. NISOC was incorporated in 1971 in Masjed Soleyman, Khouzestan as Oil Service Company of Iran (OSCO). Currently NISOC is Iran's biggest oil producer, and produces 3 million barrels of oil per day. The company is active in a land area more than 400,000 km2 with headquarters in Ahvaz. NISOC is producing about 83% of all crude oil and 17% of natural gas produced in Iran and ranks as the Iran's biggest oil company. National Iranian South Oilfields Company, through its subsidiaries, produces crude oil, gas, and liquefied gases. The company's reserves portfolio include Ahvaz Field (the world's 3rd largest oil field) and in charge of onshore giant oilfields in Iran (like Gachsaran, Maroun, Bibi Hakimeh, RagSefi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aghajari Oil Field
The National Iranian South Oilfields Company (NISOC) (, ''Shirkat-e Mily-e Minatâq-e Nuftxiz-e Jinvâb-e Iran'') is a government-owned corporation under the direction of the Ministry of Petroleum of Iran, and operates as a subsidiary of National Iranian Oil Company. NISOC was incorporated in 1971 in Masjed Soleyman, Khouzestan as Oil Service Company of Iran (OSCO). Currently NISOC is Iran's biggest oil producer, and produces 3 million barrels of oil per day. The company is active in a land area more than 400,000 km2 with headquarters in Ahvaz. NISOC is producing about 83% of all crude oil and 17% of natural gas produced in Iran and ranks as the Iran's biggest oil company. National Iranian South Oilfields Company, through its subsidiaries, produces crude oil, gas, and liquefied gases. The company's reserves portfolio include Ahvaz Field (the world's 3rd largest oil field) and in charge of onshore giant oilfields in Iran (like Gachsaran, Maroun, Bibi Hakimeh, RagSefi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Largest Gas Fields
This list of natural gas fields includes major fields of the past and present. N.B. Some of the items listed are basins or projects that comprise many fields (e.g. Sakhalin has three fields: Chayvo, Odoptu, and Arkutun-Dagi). 25 largest conventional non-associated gas fields ''Table sources:'' Data was retrieved from, depletion levels from or calculated from open source production data. Notes: *Gasfields are non-associated gas and condensate fields. *Size refers to ultimate recoverable reserves (including past production) expressed in trillion cubic feet. By location ; Algeria * Hassi R'mel () ; Australia * Bass Strait * Jansz () * Greater Gorgon () * Browse Venture ( * North West Shelf Venture () * Yolla gas field * Fairview, Scotia, Spring Gully, Bowen Basin ; Azerbaijan * Shah Deniz gas field () ; Bahrain * Awali () ; Bolivia (~1.5 trillion m3) * Margarita * Sabalo * Itaú-San Alberto ; Brazil * Albacora-Leste oil field () * Jupiter gas field (17 x 10� ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Industry In Iran
Iran is an energy superpower mostly due to the petroleum industry in Iran. In 2004, Iran produced 5.1 percent of the world's total crude oil ( per day), which generated revenues of US$25 billion to US$30 billion and was the country's primary source of foreign currency. At 2006 levels of production, oil proceeds represented about 18.7% of gross domestic product (GDP). However, the importance of the hydrocarbon sector to Iran's economy has been far greater. The oil and gas industry has been the engine of economic growth, directly affecting public development projects, the government's annual budget, and most foreign exchange sources. In FY 2009, the sector accounted for 60% of total government revenues and 80% of the total annual value of both exports and foreign currency earnings. Oil and gas revenues are affected by the value of crude oil on the international market. It has been estimated that at the Organization of the Petroleum Exporting Countries (OPEC) quota level ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enhanced Oil Recovery
Enhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted after primary and secondary recovery methods have been completely exhausted. Whereas primary and secondary recovery techniques rely on the pressure differential between the surface and the underground well, enhanced oil recovery functions by altering the physical or chemical properties of the oil itself in order to make it easier to extract. When EOR is used, 30% to 60% or more of a reservoir's oil can be extracted, compared to 20% to 40% using only Extraction of petroleum#Primary recovery, primary and Extraction of petroleum#Secondary recovery, secondary recovery. There are four main EOR techniques: carbon dioxide (CO2) injection, gas injection, thermal EOR, and chemical EOR. More advanced, speculative EOR techniques are sometimes called quaternary recovery. Carbon dioxide injection, known as CO2-EOR, is the most common method. In thi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proven Reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil and gas reserves and coal reserves. It is defined as the "quantity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known reservoirs with the existing equipment and under the existing operating conditions." A reserve is considered proven if it is probable that at least 90% of the resource is recoverable by economically profitable means. Operating conditions are taken into account when determining if a reserve is classified as proven. Operating conditions include operational break-even price, regulatory and contractual approvals, without which the reserve cannot be classified as proven. Price changes therefore can have a large impact on the classification of proven reserves. Regulatory and contractual conditions may change, and also affect the amount of prov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Tribune
''Financial Tribune'' was a non-governmental newspaper in Iran opened in 2014. Its purpose is to cover a variety of political, economic, technology, and social stories. It ran until 2023 when the paper's coverage and archives were purchased by a German news agency. Profile The ''Financial Tribune'' editor-in-chief is Khosro Ghadiri, the paper's Senior editor is Amin Sabooni, formerly the editor-in-chief of ''Iran Daily'' newspaper. Pouya Jabal Ameli is the senior economic analyst of the newspaper. ''Financial Tribune'' licence holder is "Donyay-e Eqtesad Media Group" and its owner is Alireza Bakhtiari who also runs the ''Donya-e-Eqtesad'' newspaper, ''Tejarat-e-Farda'' magazine and Eghtesad News website. As of 2014, the ''Financial Tribune'' main headquarters are in the central business district in Iran's capital Tehran. The newspaper covers a host of up-and-coming sectors in Economy of Iran, Iran's economy. In recent months its technology and new business experts have covered ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anglo-Persian Oil Company
The Anglo-Persian Oil Company (APOC; ) was a British company founded in 1909 following the discovery of a large oil field in Masjed Soleiman, Persia (Iran). The British government purchased 51% of the company in 1914, gaining a controlling number of shares, effectively nationalizing the company. It was the first company to extract petroleum from Iran. In 1935 APOC was renamed the Anglo-Iranian Oil Company (AIOC) when Reza Shah formally asked foreign countries to refer to Persia by its endonym ''Iran''. In 1954, it was renamed again to The British Petroleum Company, one of the antecedents of the modern BP public limited company. The government of Mohammad Mosaddegh nationalized the company's local infrastructure assets and gave the new company the name National Iranian Oil Company. The D'Arcy oil concession Exploration and discovery In 1901, William Knox D'Arcy, a millionaire London socialite, negotiated an oil concession with Mozaffar al-Din Shah Qajar of Persia. He f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil (petroleum) or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulated liquid petroleum underground in multiple (potentially linked) reservoirs, trapped as it rises to impermeable rock formations. In industrial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kayhan
''Kayhan'' () is a Persian-language newspaper published in Tehran, Iran. It is considered "the most conservative and hard-line Iranian newspaper." Hossein Shariatmadari is the editor-in-chief of ''Kayhan''. According to the report of the ''New York Times'' in 2007, his official position is representative of the Supreme Leader of Iran. ''Kayhan'' has about 1,000 employees worldwide. There are conflicting reports about its circulation numbers: in 2006 the BBC gave it as 60,000–100,000 copies, in 2007 the ''New York Times'' gave "about 70,000", and in 2008 a New York University School of Law journal article reported it as 350,000 copies. ''Kayhan'' also publishes special foreign editions, which include the English-language ''Kayhan International''. History and profile ''Kayhan'' was founded in February 1943 by owner Abdolrahman Faramarzi and Mostafa Mesbahzadeh as editor-in-chief. Later the roles of Faramarzi and Mesbahzadeh were reversed. The paper supported Shah Mohamm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ilam Province
Ilam Province () is one of the 31 provinces of Iran. Its capital is the city of Ilam. The province is in the western part of the country in Region 4 and covers . It shares of the border with Iraq, and also bordering on the provinces of Kermanshah, Lorestan, and Khuzestan. Etymology The name "Ilam" comes from "Elam", the pre-historic civilisation that ruled in south western Iran from 2700 BC to 539 BC. History Pre-history The name "Ilam" comes from "Elam", the pre-historic civilization that ruled the area in modern southwest Iran from 2700 BC to 539 BC. Archaeological findings dates human settlement of the area to around 5000 BC. Ashurbanipal, the then king of Assyria, invaded Elam in 639 BC and totally destroyed it. Although not as united as before, the Elamites survived and continued to live in the area after the invasion. Between 612 and 546 BC, Elam was incorporated into the Median Empire and later into the Achaemenid Empire in 539 BC. During the Achaemenid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bushehr Province
Bushehr Province () is one of the 31 Provinces of Iran, provinces of Iran. It is in the south of the country, with a long coastline on the Persian Gulf. Its capital is the city of Bushehr. The province was made a part of Regions of Iran, Region 2 upon the division of the provinces into five regions, solely for coordination and development purposes, on 22 June 2014. History The Greeks knew of Bushehr by Mezambria during the battles of Nearchus. A French excavating team however in 1913 determined the origin of Bushehr to date back to the Elamite Empire. A city there, known as Lyan, contained a temple that was designed to protect the compound from naval attacks. Its remains can still be seen today 10 kilometers south of the present city of Bushehr. Marco Polo describes this region as part of the Persian province of Shabankara, Shabankareh. It contains the village of Saba, Iran where are buried (he was told) the three Magi which visited the Christ Child. A key turning point i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
