Hunt for more reserves at South Pars
Tehran’s attention is turning to underexplored areas of the field
Iran has kicked off a new drilling campaign at its offshore South Pars gas field in the hope of identifying new reserves, just a few months ahead of the 24-phase field development project’s completion. State-owned Pars Oil & Gas Co. (POGC), a subsidiary of National Iranian Oil Company (NIOC), began drilling an appraisal well in the north of the field in late November. “This well is aimed at determining the extent of the expansion of the South Pars gas field in the north side of the field and evaluating the potential of uncharted areas of this section for development,” says POGC’s head of oil and gas engineering, Ali Akbar Majed. The current South Pars development includes 37 platforms ac
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy






