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NIDC Localizes Jacking System
TEHRAN (Shana) – The National Iranian Drilling Company (NIDC) has launched the localized the elevating System of jack up rigs for Shahid Modaress Marine Drilling Rig in Khark coastal waters.
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Zangeneh Says Working in Tandem with Foreign Affairs Ministry on Iran Oil Demands from Europe
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said his ministry was working completely in tandem with the Ministry of Foreign Affairs regarding Iran's oil-related requests from Europe in the 60-day deadline that Tehran has given the European Union.
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Petchem Talks Continue with Foreign Companies: Official
TEHRAN (Shana) – An official with the National Petrochemical Company (NPC) said that the company’s talks with foreign investors and developers were continuing on petrochemical projects in Iran.
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Euro-4 Petrol Distributed in Khuzestan
TEHRAN (Shana) -- The National Iranian Oil Products Distribution Company (NIOPDC) has issued a statement announcing distribution of Euro-4 petrol in three main cities of the southwestern province of Khuzestan.
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Plans under way to Complete Petchem Value Chain in Assaluyeh
TEHRAN (Shana) -- An official with the National Petrochemical Company (NPC) said the company viewed completion of the value chain in Assaluyeh, south Iran, as a strategy.
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BARKINDO:
There Can Never Be another OPEC
TEHRAN (Shana) -- OPEC Secretary General Mohammad Sanusi Barkindo has highlighted the uniqueness of the oil producer organization, dismissing the idea of emergence of any other such organization.
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World’s Largest Methanol Plant Ready for Startup
TEHRAN (Shana) -- The world’s largest methanol production plant in Iran’s southern Bushehr Province is ready to come on-stream. Built by the private sector, this plant is able to produce 7,000 tonnes a day of methanol.
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US Cannot Prevent Iran Petchem Exports: MP
TEHRAN (Shana) -- A member of the Iranian parliament said the US was unable to prevent export of petrochemical from Iran to global markets.
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36-Inch Oil Pipeline Operational in Omidiyeh
TEHRAN (Shana) -- The managing director of Aghajari Oil and Gas Production Company said the 36-inch oil pipeline of Omidiyeh, in southwest Iran, is now fully operational.
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IOOC Backs Domestic Manufacturers
TEHRAN (Shana) -- The CEO of the Iranian Offshore Oil Company (IOOC) voiced the company’s support for domestic suppliers and manufacturers.
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Safety Measures Implemented on Omidiyeh Pipelines
TEHRAN (Shana) -- Measures are being implemented to ensure the safety of Omidiyeh pipelines in southwest Iran, an oil official said.
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IOTC Localizes Manufacturing of Industrial Valves
TEHRAN (Shana) -- The Iranian Oil Terminals Company (IOTC) has acquired the technical savvy for manufacturing parts of industrial valves which were previously monopolized by European and American companies.
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PGPIC to Launch 7 Projects by 2021
TEHRAN (Shana) -- The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company was planning to launch 7 petrochemical project by 2021.
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PRTC Vows to Indigenize Strategic Catalysts by 2021
TEHRAN (Shana) – The CEO of the Petrochemical Research and Technology Company (PRTC) said that the company was planning to domestically manufacture all the strategic catalysts used in the petrochemical industry by 2021.
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KOGPC Domestically Manufactured 316 Oil Equipment Items in Year to March 2019: Chief
TEHRAN (Shana) -- Karoon Oil and Gas Production Company (KOGPC) produced 316 items of its required oil industry equipment and spare parts in the year to March 2019, using domestic experts and technology, said the company’s CEO.
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CEO: MOGPC Manufactured Over 5,000 Oil Industry Spare Parts in Year to March 2019
TEHRAN (Shana) -- Maroun Oil and Gas Production Company (MOGPC) managed to domestically manufacture more than 5,000 spare parts for its oil equipment and machinery in the year to March 2019, said the Iranian company’s managing director.
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Iran not Lagging Behind in Extraction from West Karoon Oilfields: PEDEC CEO
TEHRAN (Shana) -- Iran is not lagging behind in extraction from the West Karoon oilfields, southwest Iran, the country jointly shares with Iraq, said the managing director of Petroleum Engineering and Development Company (PEDEC).
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Iran Mulls Petchem Development in Caspian Sea Rim
TEHRAN (Shana) -- The head of Iran’s National Petrochemical Company (NPC) said that the company was considering development of projects in coastal regions of the Caspian Sea.
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RIPI Signs Agreement for Participation in Foreign Projects
TEHRAN (Shana) – The Research Institute of Petroleum Industry (RIPI) has signed a contract worth $238,095 with Iran’s Shoukoh Sanat Espadan company.
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NIOC Awarding 8 Field Development Projects
TEHRAN (Shana) -- A deputy CEO of National Iranian Oil Company (NIOC) has said that the development of eight fields was to be awarded to mainly Iranian companies.
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NPC Chief: We Count on 45% Petchem Output Growth
TEHRAN (Shana) -- Iran's top petrochemical official has expressed hope for a 45% growth in petrochemical production sector.
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Italian Firms Seeking Presence in Iran despite Restrictions
TEHRAN (Shana) -- The trade commissioner of the Italian Trade Agency (ITA) said that Italian companies favored presence in Iran despite the sanctions and current US-forces restrictions.
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No Unilateral Decisions in OPEC
TEHRAN (Shana) -- The secretary general of the Organization of the Petroleum Exporting Countries (OPEC) said there were no unilateral decisions in the organization.
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Output of Azar Oilfield at 65,000 b/d by Next March
TEHRAN (Shana) – Crude oil production at Azar Oilfield is planned to reach 35,000 b/d during the current Iranian calendar year which began on March 21, operator of the fields said.
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POGDC Ready to Join GTP Projects
TEHRAN (Shana) -- The CEO of Parsian Oil and Gas Development Group Company (POGDC) was prepared in invest in gas-to-propylene (GTP) projects in Parsian Energy Intensive Industries Special Economic Zone.
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Production Boom Targeted by Iran Oil Show 2019
TEHRAN (Shana) -- The director of the 24th Iran International Oil, Gas, Refining and Petrochemicals Exhibition (Oil Show 2019) said the main theme of the event was production boom in the country.
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Persian Gulf Star Refinery to Supply Sweet Naphtha
TEHRAN (Shana) – Phase IV development of Bandar Abbas Gas Condensate Refinery (also called the Persian Gulf Star Refinery) is to supply sweet naphtha, the facility’s CEO said.
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We will Export Oil as Much as We Intend: Ayatollah Khamenei
TEHRAN (Shana) -- On the occasion of the National Week of Labor and Laborers, a group of laborers from across the nation met with Ayatollah Khamenei—the Supreme Leader of the Islamic Revolution— at the Hussayniyeh of Imam Khomeini (r.a), this morning April 24, 2019.
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Politicizing Oil, Big US Mistake: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the US had made a big mistake by politicizing oil, saying, “We will exert our maximum effort to break US sanctions.”
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Iran Ready to Supply Oil, Gas Needs of Pakistan
TEHRAN (Shana) -- Iranian President Hassan Rouhani said the country was ready to supply the oil and gas needed by neighboring Pakistan.