oil
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Study MoUs for Developing Azadegan Field to be Signed
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) is to sign study memoranda with local E&P firms for the development of Azadegan Oilfield.
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NIOC Signs 2d Seismic Contract with OIEC Subsidiary
TEHRAN (Shana) – A contract for the Dashtkuh 2D seismic project was signed between the exploration department of the National Iranian Oil Company and the Kish Oil Engineering Services Company, a subsidiary of the Oil Industries Engineering and Construction (OIEC).
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Zangeneh Stresses Bolstering Tehran-Baku Trade, Gas Relations
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh stressed the development of trade and gas relations between Iran and Azerbaijan.
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Iran Oil Vessel Released by Indonesia
TEHRAN (Shana) -- The Iranian Horse oil vessel which belongs to the fleet of the National Iranian Tanker Company, which had been detained in Indonesian waters since January 24, was released on Friday, May 28, 2021.
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NISOC Mulls Unprecedented Production Boost: CEO
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) said: "Increasing oil production capacity is on the agenda of this company, which is the most targeted plan on production enhancement over the past 20 years.”
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Petropars to Boost South Azadegan Oil Output by 10,000b/d
TEHRAN (Shana) -- The CEO of Petropars Group said it has recently signed a contract with Dana Energy Company for drilling 10 new wells in South Azadegan Joint field.
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Fate of Remaining South Azadegan Wells Determined
TEHRAN (Shana) -- The CEO of Petropars Group said the group has signed a deal with a local firm for operating 15 wells in South Azadegan Oilfield which determines the fate of the remaining wells in the field.
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Iran Ready to Boost Exports to China: Rouhani
TEHRAN (Shana) – Iranian President Hassan Rouhani said, "It is necessary to further strengthen Iran-China relations, especially in the economic and trade fields, including increasing Iran's oil and non-oil exports to this country and facilitating the presence of Chinese companies in Iran.”
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NIDC Drills 17 Oil, Gas Wells in 2 Months
TEHRAN (Shana) -- The Director of Integrated Planning of the National Iranian Drilling Company said the company has completed drilling operations for 17 oil and gas wells in the first two months of the current Iranian calendar year which began on March 21.
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Jask Oil Terminal ready to Export Oil
TEHRAN (Shana) -- The CEO of Pars Oil and Gas Company said that construction of Jask Oil Terminal has made 98% progress, voicing the terminal’s readiness to to receive, transfer and load crude oil through its single buoy mooring (SBM).
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Crude Oil Delivery Starts from Goreh to Jask
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) announced the start of the operation to send crude oil from Goreh to Jask.
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Export of 1st Oil Shipment from Jask Terminal by June: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said Iran’s first crude oil shipment will be exported from Jask Terminal by June, adding construction of the Goreh-Jask oil pipeline has been completed.
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Iran to Begin Crude Oil Delivery from Goreh to Jask Very Soon
TEHRAN (Shana) – The CEO of the Petroleum Engineering and Development Company (PEDEC) announced the start of sending 300,000 barrels per day of crude oil from Goreh to Jask in the coming days.
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FM Spokesman Denies Request from Saudi Arabia to Sell Iran Oil
TEHRAN (Shana) -- A spokesman for the Iranian Ministry of Foreign Affairs said that the request from Saudi Arabia to sell Iranian oil was not true, adding that Iran's talks with Saudi Arabia on bilateral, regional and international issues were under way and that any other issue on these talks was baseless.
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NIOC Awards $1.78b Farzad gas field development Project to Iran Developer
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has signed a contract worth $1.78 billion with Petropars Group for the development of Farzad B Gas Field in the Persian Gulf.
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Petropars to Develop Farzad Gas Field
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to award Petropars company a $1.87 billion contract to develop Farzad B Gas Field.
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IOTC Receives Management Standard Certificates
TEHRAN (Shana) – The Iranian Oil Terminals Company (IOTC) has succeeded in obtaining standard management certifications from SGS IRAN.
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Ex-NIOC CEO Relates Experience of Iran Returning to Oil Market
TEHRAN (Shana) -- The former CEO of the National Iranian Oil Company spoke about the experience of returning Iranian oil to the market after the Joint Comprehensive Plan of Action (JCPOA).
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Tehran to host 10th Int'l Exhibition of Innovation, Technology
TEHRAN (Shana) -- The 10th International Exhibition of Innovation and Technology (INOTEX 2021) with various events and side events will be held from 18 to 21 May, in the open air of Pardis Technology Park and in compliance with health protocols.
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Iran Developing Sohrab Oil Field
TEHRAN (Shana) -- Iran shares Sohrab oil field with Iraq. It is limited by the Mehr block to north, to the Azadegan field to south, to Band Karkheh, Susangerd, Jofair and Sepehr fields to southeast. Sohrab accommodates Ilam, Sarvak, Gadvan and Fahlyan reservoirs whose rock is mainly carbonated. Sohrab is one of prioritized fields for foreign investment in Iran’s petroleum industry.
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Changouleh, Kish Up for Development
TEHRAN (Shana) -- Changouleh is one of the important oil fields in West Karoun region in southwestern Iran. Foreign companies have, time and again, shown interest in getting involved in development of this untapped field which Iran shares with neighboring Iraq.
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5 Petro Museums across Iran
TEHRAN (Shana) -- Recreation and display of the historical identity of oil in a land, where the first Middle East oil wells were drilled and whose petroleum industry is more than a century old now pushed the Petroleum Ministry to put on exhibit this historical identity.
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Seamless Pipes Manufactured in Iran
TEHRAN (Shana) -- More than six years have passed since the project started for the domestic manufacturing of 10 groups of widely-used petroleum industry commodities. This initiative was adopted upon Minister of Petroleum Bijan Zangeneh’s call for maximum support for Iranian manufacturers.
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ICOFC Receives Energy Management System Certification
TEHRAN (Shana) – The Iranian Central Oil Fields Company (ICOFC), as the largest producer of gas in the country's land fields, has received the standard certification of energy management system (ISO50001: 2018) for observing international standards while boosting its productivity.
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Tehran, Ashgabat Discuss Enhanced Oil Ties
TEHRAN (Shana) -- Strategies for expanding oil cooperation between Iran and Turkmenistan were discussed at a meeting between the CEO of the Caspian Oil Company and the Ambassador of Turkmenistan to Iran.
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Zangeneh Receives Iraqi Electricity Minister
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh had a meeting with the visiting Iraqi Electricity Minister Majid Mahdi Hantoush to discuss methods to settle Iran's gas money demands from Iraq.
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Iran, Iraq Discuss Gas Debt Arrears in Tehran Meeting
TEHRAN (Shana) -- Senior government ministers from Iran and Iraq held a meeting in Tehran to discuss arrears on a multi-billion dollar debt Iraq owes to Iran for imports of natural gas in recent years.
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Iran says more in Control of Oil Sales
TEHRAN (Shana) – First Vice President Eshaq Jahanigiri said Iran has tried to neutralize the impact of the sanctions and has gained a lot of control over its oil sales.
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OPEC and non-OPEC Ministerial Meeting highlights importance of ongoing rebalancing efforts
VIENNA (Shana) -- The 16th OPEC and non-OPEC Ministerial Meeting of the Declaration of Cooperation (DoC) took place via teleconference on Tuesday, 27 April 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.
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NISOC Prepared to Enhance Iran Oil Output: CEO
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) announced the company's readiness to increase its oil output to a figure beyond the pre-sanctions levels in 2018.