Generation
Posted By OrePulse
Published: 12 May, 2025 08:03
Iran oil minister orders Caspian Sea drilling to resume
Iran's oil minister Mohsen Paknejad has ordered the renewal of exploratory drilling in the shallow waters of the Caspian Sea, after it was halted in 1997, the oil ministry's Shana news agency said.
The drilling aims to reach a final depth of 5,077 metres to assess the reservoir potential of the Rudsar structure in Block 18 at a depth of 70 metres, Shana added.
The last well drilled in the Caspian's shallow waters was in 1997. Drilling in the deeper parts of the Caspian has also been halted since 2014. -Reuters
Related Articles
Parliament Committee says no need to review three ...
10 Sep, 2024 07:57
Zimbabwe’s Biggest Miners Seek $182 Million for So...
12 Sep, 2024 06:57
GreenGo Energy Expands into Namibia with Strategic...
12 Sep, 2024 07:51
OPEC Fund approves $1.2 billion for development pr...
13 Sep, 2024 08:59
Floating solar starts to gather pace in Africa, as...
13 Sep, 2024 13:18
Prominent South African energy company files for l...
16 Sep, 2024 11:00
Libyan Export Decline and Fed Speculation Propel O...
17 Sep, 2024 08:00
South Sudan says it is ready to restart pumping oi...
17 Sep, 2024 13:23
Interest grows in Africa’s oil and gas hotspot...
18 Sep, 2024 10:42
South Africa Sanctions New National Petroleum Comp...
18 Sep, 2024 12:37Trending News
Base Metals
Harmony celebrates fatality-free quarter, reports solid operational performance...
13 Nov, 2025 11:09
10 min read
Mining Other
South Africa iron-ore trade route to Europe could be green by 2029, study shows...
13 Nov, 2025 11:06
15 min read
Precious Metals
Gold and Silver Sparkle: Mining Sector Rallies Amid Soaring Prices and Renewed Investor Confidence...
13 Nov, 2025 11:01
18 min read