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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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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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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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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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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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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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NIDC Drills 124 Wells in 12 Months
TEHRAN (Shana) -- National Iranian Drilling Company has drilled as many as 124 oil and gas wells over the course of the past 12 months.
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Rouhani Says Gov’t Keen on Selling Petroleum Products than Crude Oil
TEHRAN (Shana) – Iranian President Hassan Rouhani said his administration was keen on selling petroleum products rather than crude oil now that the US is targeting its exports.
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Oil Revenues Belong to Iranian Nation: Veep
TEHRAN (Shana) – First Vice President Eshaq Jahangiri said that oil belonged to the Iranian nation and its revenues would be spent on developing the country.
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NIOC to Offer Heavy Crude Oil at IRENEX on Aug. 27
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the international floor of the Iran Energy Exchange (IRENEX) on August 27 for $50.37 per barrel.
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Iran's Oil Sales not Banned by any Int'l Body: FM
TEHRAN (Shana) -- "Iran is not committed to EU decisions and Europe will not seek to impose its decisions on any country outside the EU," the Iranian foreign minister said, stressing that Iran's oil sales were not sanctioned by any international body.
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PEDEC Carries out Environmental Project in Azar Oilfield
TEHRAN (Shana) – The operator of Azar Oil Field Development Project announced the completion and launching of a project to transmit the Changuleh river water by constructing a pond on the river.
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Rouhani Signs off on Downstream Industries Support Act
TEHRAN (Shana) -- Iranian President Hassan Rouhani issued an executive decree to the Iranian Ministry of Petroleum and the Planning and Budget Organization on supporting downstream oil industries by tapping public capital.
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Impaired Iran Oil Tanker Stable in the Red Sea: NITC
TEHRAN (Shana) -- The National Iranian Tanker Company (NITC) reported the technical defect of one of its vessels in the Red Sea, and said the tanker’s crew were fixing the problem and it was in stable and safe condition.
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88% of Associated Gases Gathered in Maroon
TEHRAN (Shana) -- The CEO of Maroon Oil and Gas Production Company said the company was currently gathering 88 percent of the associated petroleum gas in its operational districts.
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Iran Warns against Re-Seizure of Adrian Darya 1
TEHRAN (Shana) -- Spokesman for the Iranian Foreign Ministry Abbas Mousavi said the UK’s July 4 seizure of a tanker carrying Iranian oil in Gibraltar was an illegal action, and warned against any acts regarding the detention of the tanker.
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RIPI, NISOC Ramp up Cooperation Efforts
TEHRAN (Shana) -- Heads of the Research Institute of Petroleum Industry (RIPI) and the National Iranian South Oil Company (NISOC) have met to discuss enhanced cooperation between the two organizations.
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MOT Prevents Burning 1.4 mb of Crude Oil in Karoon
TEHRAN (Shana) -- Exploiting a Mobile Oil Treater (MOT) in Karoon Oil and Gas Production Company has prevented burning of 1.4 million barrels of crude oil in operational districts.
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Zero Gas Flare in Arvandan Soon
TEHRAN (Shana) -- The CEO of Arvandan Oil and Gas Company said his company had taken measures to bring to zero its gas flaring by gathering the associated gases by mobile processing machinery.
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NIOC to Offer Heavy Crude Oil at IRENEX on Aug. 21
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the international floor of the Iran Energy Exchange (IRENEX) on August 21 at $52.81 per barrel.
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NISOC to Collect Flare Gas Burners in 3 Years: CEO
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) said his company had planned and was required by National Iranian Oil Company (NIOC) to gather all the flare stacks in southern oilfields of Iran.
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NISOC to Ink New Deals on Oil Production Maintenance, Enhancement
TEHRAN (Shana) -- An official with the National Iranian South Oil Company (NISOC) said the company had planned to sign three contract packages for oil production maintenance and enhancement in 28 reserves operated by NISOC.
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Iran Saves €200m by Domestic Manufacturing of Sour Sheet Metals
TEHRAN (Shana) -- Production of 42-inch sheet metals for the Goreh-Jask Pipeline saves Iran 200 million dollars annually.
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Timely Implementation of Goreh-Jask Pipeline Project Necessary: CEO
TEHRAN (Shana) -- The CEO of the Petroleum Engineering and Development Company (PEDEC) stressed the necessity of completing the Goreh-Jask oil pipeline project on time.