Iranian Minister of Petroleum, Bijan Zangeneh, appointed Ali Kardor as the new head of the National Iranian Oil Company ( NIOC) on Sunday.
The CEO of the Petroleum Engineering and Development Company (PEDEC) said production of Crude oil from the joint South Azadegan Oilfield would reach 150,000 b/d once 35 newly-drilled wells come online by February 2019.
Operator of South Pars Phase 14 Development project said Platform 14B of the project was being prepared for loading to be installed at its offshore spot, adding the structure would be installed by March 20.