Iranian Offshore Oil Company Raises Output by 20,000 bpd

The oil output of the Iranian Offshore Oil Company has increased by 20,000 barrels per day, the managing director of the company said. “The rise in crude production has been made possible with the operation of seven wells in Soroush Field,” Alireza Mehdizadeh was also quoted as saying by the Oil Ministry’s news service Shana. In order to increase production to reach the levels before the sanctions, IOOC has taken extensive measures in the past two years, developing Abouzar, Sivand and Esfand fields, in addition to Soroush,” he added.