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Iranian Firm to Develop Belal Gas Field
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) is to sign a $440m contract with a domestic company to develop Bilal Gas Field in the Persian Gulf.
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Global Rivalry over Shale Oil/Gas
TEHRAN (Shana) -- Shale oil and gas market has been gathering steam across the globe over the past decade. Many countries, particularly the United States, have developed new technologies to produce and process shale oil and gas.
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Startups, New Energy Business Sector
TEHRAN (Shana) -- A new business sector is emerging in Iran’s petroleum industry. Several years after the formation of knowledge-based companies in this vital sector, it is now oil startups’ turn. The startups are expected to develop creative ideas with a view to reducing production costs and boosting productivity in the petroleum industry.
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Iran Petroleum Ministry Focuses on Startups
TEHRAN (Shana) -- Iran’s Ministry of Petroleum has decided to provide special support to startups and knowledge-based oil companies. Minister of Petroleum Bijan Zangeneh has said that 17 ha of land in southern Tehran would be allotted to these companies. He said the Ministry of Petroleum had a detailed plan for startups, which would become operational in the second half of the current Iranian calendar year.
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New IOOC CEO Appointed
TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) CEO has appointed Alireza Salman Zadeh as the new CEO of the Iranian Offshore Oil Company (IOOC).
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IOOC Launches Plan to Revive coral reefs in Khark Island
TEHRAN (Shana) – The Iranian Offshore Oil Company (IOOC) has joined the Department of Environment (DOE) to save the coral reefs of Khark Island for the first time in the country.
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NIOC to Offer 2mb of Gas Condensate at IRENEX on Sep. 11
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of gas condensate on the international floor of the Iran Energy Exchange (IRENEX) on September 11 at $56.9 per barrel.
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1st Downhole Pump Installed in Yaran Oilfield
TEHRAN (Shana) – The operation for downhole installation and launching the first electric submersible pump (ESP) in Yaran oilfield has been successfully carried out.
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Tehran Waiting for Realization of Europe Promises for Buying Iran Oil: SPOX
TEHRAN (Shana) -- Spokesman for the Iranian Administration Ali Rabiei said Tehran was waiting for Europe’s promises to buy oil from Iran and deliver its money to the country.
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Iran Would Resume JCPOA Commitments if Oil Revenues Ensured: Deputy FM
TEHRAN (Shana) -- Deputy Foreign Minister Abbas Araghchi said that Iran would resume full compliance with the Joint Comprehensive Plan of Action (JCPOA) only if it could sell its oil freely.
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1bcm Injected to Sarajeh Gas Storage Site
TEHRAN (Shana) -- 1.5 billion cubic meters of gas has been injected to Sarajeh Gas Storage Facility since March.
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Iran Could Resume JCPOA Commitment If Europe Buys Oil: Rouhani
TEHRAN (Shana) -- Iranian President Hassan Rouhani said that the country would resume its commitments to the Joint Comprehensive Plan of Action (JCPOA) if Europe could purchase or pre-purchase its oil.
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IOOC Saves €300m/Y in Operations: CEO
TEHRAN (Shana) -- The CEO of the Iranian Offshore Oil Company said that his company had been saving 300 million Euros in its annual expenses since 2016.
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Interaction with Iran Benefits Foreign Firms
TEHRAN (Shana) -- Iran sits atop the world’s largest hydrocarbon reserves and is located on the energy corridor route. However, in the aftermath of the 1979 Islamic Revolution, the United States has been using every tool at its disposal to keep Iran from becoming a key energy player.
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IGAT-9 Extension under Way
TEHRAN (Shana) -- The Iran Gas Trunkline 9 (IGAT-9) is a strategic pipeline in Iran’s gas grid. Due to its significance in providing necessary infrastructure for exports and enhancing gas supply to the western and northwestern provinces as well as feeding industries, this trunkline has taken up added significance.
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Modern Technologies, Oil Industry Development Pulse
TEHRAN (Shana) -- The Reservoir Management and Field Development Division of the Research Institute of Petroleum Industry (RIPI) is a dynamic specialized and scientific center seeking to bring about new changes in the upstream petroleum industry based on modern technologies and latest scientific achievements.
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Oil in Abadan and MIS
TEHRAN (Shana) -- Masjed Soleiman (MIS) and Abadan were the most known socio-engineering examples of the operation of a British company in Iran. These two cities were established in the Third World Iran in the form of modern colonies. The necessity of establishment of such cities following the discovery of oil in the region, their general shape and division of localities, form of houses and districts and the Anglo-Persian Oil Company (APOC)’s authority over these cities are among important points to be taken into consideration.
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Petroleum Distribution Network in Northwestern Iran
ZANJAN (Shana) -- The Northwest District is located at a distance of 1,920 km, passing the routes of Eshtehard, Abhar, Zanjan, Idloo, Miyaneh, Martyr Karimi (Turkmanchai), Tabriz, Miandoab, Urmia, Maragheh, Sarab, and Ardabil in western to northwestern Iran. The center of this area is on the north side of Zanjan. Its area of operation includes Alborz, Qazvin, Zanjan, East Azerbaijan, West Azarbaijan and Ardabil provinces.
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Petchem Firms Keen on Buying Iranian Catalysts
TEHRAN (Shana) – CEO of the Petrochemical Research and Technology Company (PRTC) said that Iranian petrochemical companies were keen on consuming local catalysts for their operations to cut expenses.
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Iran to Begin SP.11 Development before March 2020: Official
TEHRAN (Shana) -- An official with the National Iranian Oil Company (NIOC) said that the development project of South Pars Phase 11 would commence this calendar year, which ends on March 20.
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Ruston TB4000 Turbine Locally Manufactured
TEHRAN (Shana) -- Items and parts belonging to the Ruston Tb4000 turbine have been localized by domestic experts of Sarkhoun and Qeshm Gas Refining Company.
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Shazand Petchem Plant Cuts FOREX Costs by 70%
TEHRAN (Shana) -- The CEO of Shazand Petrochemical Plant said that the company had saved 70% of its expenses in foreign currencies after overhaul of 22 of its units.
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AOGPC Builds 1,500 Oil Industry Items
TEHRAN (Shana) – Aghajari Oil and Gas Production Company (AOGPC) has domestically manufactured 1,563 process equipment in oil industry in the first half of the current calendar year, which began on March 21.
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Production Maintenance Key Concern in South Pars: CEO
TEHRAN (Shana) -- The CEO of Pars Oil and Gas Company (POGC) says maximum production in South Pars Gas Field cannot be the case forever and production maintenance should be considered in operation of the field.
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No Hurdles in Equipment Supply in Azar Project
TEHRAN (Shana) -- The CEO of the Petroleum Engineering and Development Company (PEDEC) said that there were no hurdles in goods supply for developing Azar Oilfield.
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Iran Euro-4 Petrol Output at 76 ml/d in March 2019
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country was currently producing 76 million liters per day of Euro-4 petrol from almost zero back in 2012.
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IGAT-6, 9 Operational by March 2020
TEHRAN (Shana) -- The CEO of the National Iranian Gas Company (NIGC) said that the 6th and 9th Iran Gas Trunklines (IGAT-6 and 9) would become operational by the end of the current calendar year, which began on March 21.
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3 Days Enough for Maximizing Iran Oil Output
TEHRAN (Shana) -- The Iranian minister of petroleum says the country can maximize its crude oil output in less than 3 days.
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NIOC Ready to Maximize Iran Oil Output: Official
TEHRAN (Shana) -- A senior official with the National Iranian Oil Company (NIOC) said that the company was ready to resume the country’s maximum crude oil production.
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Iran Petchem Plants Equipped with Waste Management Systems
TEHRAN (Shana) -- Waste management systems have been installed in all the petrochemical companies operating in the country, an official said.