Iran Speeds Up Development of Joint Oil Field with Iraq

published:12/11/2025 07:27 GMT

Iran has accelerated development at an oil field shared with neighboring Iraq, despite sanctions that restrict its access to foreign investment and technology. A Tuesday report by the official IRNA news agency said that technical teams working in South Azadegan Oil Field, located in the oil-rich province of Khuzestan in southwest Iran, had brought on line one of four production trains in the field with a capacity to produce and process 80,000 barrels per day (bpd). The report said that...More