Shana

Iran’s oil opportunities: Onshore, offshore oil, gas fields development

SHANA (Tehran) - Iran’s oil industry is set to witness a major event on April 22, coinciding with progress in indirect talks between Iran and the US. 

Cooperation, awareness: Key to enhancing gas industry operations

SHANA (Tehran) - The deputy oil minister for gas affairs emphasized that mutual cooperation and awareness are two key factors in improving operational quality and advancing the gas industry.

Announcement of participation terms for Oil Investment Transformation Event

SHANA (Tehran) – The Investment and Business Management Department of the National Iranian Oil Company (NIOC) has announced the conditions for participation in the "Transformation in Investment and Development in Iran's Upstream Oil and Gas Event."

Arvandan Oil & Gas Company prepared to attract investment by clarifying opportunities

SHANA (Tehran) – The CEO of Arvandan Oil and Gas Company said the firm is enabling informed investor decision-making by clarifying investment opportunities and providing accurate data.

Oil industry requires cutting-edge technologies

SHANA (Tehran) – The former CEO of Iran’s National Petrochemical Company (NPC) emphasized that the oil industry requires investment and access to global advanced technologies, stating: "Developing and investing in the oil industry is not a choice but a critical necessity."

NIGC official:

Not a single cubic meter of gas was lost in winter

SHANA (Tehran) – The director of coordination and production supervision at National Iranian Gas Company (NIGC), referring to last year’s severe cold weather and high gas consumption, said the gas industry maintained the stability of the gas network across the country through the dedication and hard work of its employees—ensuring not a single cubic meter of gas was lost.

Iran sets unprecedented gas transmission record in winter

SHANA (Tehran) – The CEO of Iran Gas Transmission Company highlighted multiple gas transmission records set in winter 1403, stating that the latest record—a daily transmission of 880 million cubic meters of gas—was unprecedented in the history of Iran's gas industry.

Unveiling of beta financing package: A new step in upstream oil, gas development

SHANA (Tehran) – Iran’s Oil Industry Research and Technology Fund introduces the "Beta" financing package (Powered by Iran) at an event focused on investment and development in upstream oil and gas.

Ninth well drilled in Kish Gas Field development project

SHANA (Tehran) – The operator of the Kish Gas Field development project announced the completion of drilling the ninth well, stating that the upstream section of the project has now achieved the capacity to produce 18 million cubic meters of gas per day.

NIOC invites ambassadors to participate in Iran Oil Show

SHANA (Tehran) — The head of public relations for the National Iranian Oil Company invited foreign ambassadors to take part in the 29th Iran International Oil, Gas, Refining, and Petrochemical Exhibition, urging them to encourage businesses and industrialists from their countries to attend.

SPGC takes major strides toward sustainable production

SHANA (Tehran) – The acting supervisor of Site 2 at South Pars Gas Complex (SPGC) announced extensive plans to boost production, enhance operational flexibility, reduce flaring, and improve employee housing infrastructure, stating that the measures taken will ensure safe and stable production in the upcoming winter.

Handover of Refinery 13th to Pars Oil & Gas Company   accelerates

SHANA (Tehran) - The CEO of South Pars Gas Complex (SPGC) announced that the handover process of the 13th refinery from Pars Oil and Gas Company to the South Pars Gas Complex (SPGC) has accelerated, following approval by the CEOs of NIOC  and NIGC in the new year. 

Dehshir Gas Booster Station begins operations

SHANA (Tehran) - The caretaker of Iran Gas Engineering and Development Company announced the launch of the Shahid Qorbani-Motlaq (Dehshir) gas booster station in Yazd Province after the completion of a 72-hour test of its two main units.  

Over 130 items localized in Iran’s Gas Transmission Operation Zone 8

SHANA (Tehran) – The director of Iran’s Gas Transmission Operation Zone 8 announced self-sufficiency in 16 essential items in 1403 and said that, relying on domestic capabilities, the total number of localized items in the region has reached 132.

POGC head calls attractive contract models, key to oil investment

SHANA (Tehran) – The CEO of Pars Oil and Gas Company (POGC) said identifying opportunities, outlining investment risks, and enhancing the appeal of contract models are the most important factors in attracting investment to the oil industry.

Overhauling begins at South Pars Gas Refinery 9

SHANA (Tehran) – The manager of Refinery 9 at the South Pars Gas Complex announced the start of its major maintenance operation, aimed at ensuring sustained gas production and improving product quality. The 13-day operation began on April 7.

Arvandan Oil & Gas Company explores tech coop with Russian firm

SHANA (Tehran) – A joint meeting between executives from Arvandan Oil and Gas Company and a leading Russian firm was held to discuss technological needs and exchange expertise in advanced energy solutions.

Oil Ministry boosts gas supply to industries, delivers 6.5 bcm in 18 days

SHANA (Tehran) - Gas delivery to Iran’s industrial sectors increased in Farvardin 1404 (March 21–April 7, 2025) after successfully overcoming winter shortages and supply constraints. This marks a strong start for the production sector in the "Year of Investment for Production," as declared by the country’s leadership. 

Full focus on overhauling SP gas refineries

SHANA (Tehran) – The director of coordination and production supervision at the National Iranian Gas Company emphasized that precise and regular monitoring of major overhauls must be a top priority, stating that deviations from the schedule are unacceptable.

Gas industry staff praised for ensuring stability during harsh winter

SHANA (Tehran) – The managing director of the National Iranian Gas Company (NIGC) praised the unwavering efforts of the country’s gas industry workers, saying their dedication ensured the nation weathered one of the harshest winters in recent years.

South Pars Refinery 1 produces over 10 bcm of gas

SHANA (Tehran) – The director of the first South Pars Gas Refinery said domestic experts enabled the facility to produce over 10 billion cubic meters of sweetened gas in 1403 (2024-25), exceeding its target by 5%.

244 mcm of gas delivered to power plants

SHANA (Tehran) – A sum of 244 million cubic meters of natural gas were delivered to power plants across the country on Monday to meet fuel demand.

Necessity of capturing APG highlighted

SHANA (Tehran) – The CEO of the National Iranian South Oil Company (NISOC) emphasized the necessity of capturing associated petroleum gas (APG).

Over 19 bcm of gas sent to national grid from South Pars Phase 5 Refinery

SHANA (Tehran) – The director of the Phase 5 refinery at the South Pars Gas Complex announced that more than 19 billion cubic meters (bcm) of natural gas were delivered to the national grid in the year 1403 (2024-25), emphasizing the facility’s vital role in meeting the country’s energy needs.

Fajr Jam gas processing sees 9% production growth

SHANA (Tehran) – The CEO of Fajr Jam Gas Processing Company announced that the facility’s gas production in 1403 exceeded the approved target by 9%, surpassing 18 billion cubic meters.

Smart pigging operation completed on SP Phase 11 offshore pipeline

SHANA (Tehran) – The executor of the South Pars Phase 11 development project announced the successful completion of a smart pigging operation on the phase’s offshore pipeline. The operation was conducted to ensure the pipeline’s quality integrity and enhance production safety and stability.

Iran invests over $1b in drilling rigs

SHANA (Tehran) – The CEO of the National Iranian Drilling Company (NIDC) announced an $800 million investment from the National Iranian Oil Company to purchase 15 onshore drilling rigs this year, adding that an additional $200 to $300 million from the company’s forex reserves will be allocated for ancillary equipment, such as cementing pumps and nitrogen units.

Gas supply to NGL 3200 project increases

SHANA (Tehran) – The director of the Yadvaran oil field development project announced an increase in the volume of gas supplied to the NGL 3200 project.

Bid Boland Persian Gulf Gas Refinery’s initiative;

Turning flare gas into wealth

SHANA (Tehran) – Out of 59 flares in the "Optimization and Construction of Flare Gas Gathering Facilities" project in East Karoun, 11 have been collected by the Bid Boland Persian Gulf Gas Refinery, adding approximately 120 million cubic feet per day to the refinery’s feedstock.

Phase 2 of Shourijeh Gas Storage Facility reaches 54% completion 

SHANA (Tehran) - The second phase of the Shourijeh gas storage facility project has surpassed 54% completion, with simultaneous progress in above-ground, underground, and main equipment construction, according to the acting head of Iran Gas Engineering and Development Company.