Latest North Pars Stories

2008-11-04 12:00:21

Total has announced a significant gas and condensate discovery in Block B offshore Brunei, in a water depth of 62 meters, around 50 kilometers from the coast. Total operates the block with a 37.5% interest, in association with Shell Deepwater Borneo (35%) and local partners (27.5%). Drilled to a final depth of 5,227 meters, the ML-4 well discovered a new gas-bearing compartment in the Maharaja Lela/Jamalulalam Field. A gas column of over 400 meters was encountered in reservoirs...

2008-10-06 12:00:36

Text of report in English by Iranian conservative news agency Mehr Tehran, 6 October: The Managing Director of the National Iranian Oil Company (NIOC) Seyfollah Jashnsaz is in China heading an energy delegation in a bid to finalize previous agreements on the expansion of energy cooperation. According to SHANA [Petroenergy Information Network], technical cooperation, finalizing the North Pars gas field development contract, LNG trade, and the participation of Chinese companies in South...

2008-10-06 09:00:47

Text of report in English by Iranian official government news agency IRNA website Beijing, China, 6 October: Head of the National Iranian Oil Company Seyfollah Jashnsaz, heading a delegation, arrived in Beijing on Monday [6 October 2008]. Ways of expanding bilateral ties, cooperation in South Pars gas field, purchase of LNG and the presence of Chinese companies in the North Pars gas field will be discussed by the two sides. Currently, China imports about 13 per cent of its needed oil...

2008-09-24 03:00:26

By Anonymous Communist China's ravenous energy appetite has fueled its growing political and economic ties with Iran's revolutionary government. On July 21, Iran's Pars oil & Gas Company and China's CNOOC (China National Offshore oil Corp.) finalized contracts to exploit Iran's North Pars gas field. Iran's state-run Press TV channel reported on July 27 that "China's oil giant Sinopec Group has signed a big gas deal worth 100 billion dollars with Iran. Known as the 'deal of the century'...

2008-09-08 09:00:44

Text of report by Iranian conservative, privately-owned Fars News Agency website More than 1,383,000 barrels of gas condensates were produced from 50 active wells which are under the process of exploitation in Phase 1 to 5 of South Pars gas fields last week. According to Fars News Agency from Asaluyeh, quoting the public relations office of Pars Oil and Gas Company, since the beginning of the exploitation of these phases, so far more than 315m barrels of gas condensates have been...

2008-07-15 09:01:21

Iran, Russia sign energy cooperation agreement TEHRAN, July 14 (Xinhua) -- The National Iranian Oil Company ( NIOC) and Russian gas monopoly Gazprom signed an agreement to cooperate on development of Iran's oil and gas fields, the official IRNA news agency reported on Monday. NIOC Managing Director Seifollah Jashnsaz and head of Board of Directors of Gazprom Alexei Miller signed the agreement on Sunday during an official ceremony attended by Iranian Oil Minister Gholam- Hossein Nozari,...

Word of the Day
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.