Bovard
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NIOC Sports Council chief appointed
SHANA (Tehran) – The CEO of the National Iranian Oil Company has appointed Mohammadreza Amirifard as head of the company’s Sports Council.
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Khartang gas field to begin production ahead of schedule
SHANA (Tehran) – Daily production of 5 million cubic meters of gas from the Khartang field will begin earlier than planned, thanks to round-the-clock efforts by operational crews and in line with the goal of ensuring stable gas supplies for the winter.
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NIOC after accelerating development of two fields
SHANA (Tehran) – The CEO of the National Iranian Oil Company has set a clear operational framework and timeline for each segment of the Khesht and Konartakhteh oil field development project, establishing deadlines to speed completion of its various components.
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CEO Bovard appoints new NICO head
SHANA (Tehran) – Hamid Bovard, managing director of the National Iranian Oil Company, appointed Gholamreza Farahani on Saturday as the new chief executive of the Naftiran Intertrade Company (NICO), according to an official decree.
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NIDC seen as key to stability, growth
SHANA (Tehran) – The head of the National Iranian Oil Company (NIOC) described the National Iranian Drilling Company (NIDC) as strategically important to the country’s oil and gas production, saying higher drilling efficiency, reduced nonoperational times and greater organizational agility are among the industry’s main expectations.
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Management changes seen as catalyst for faster oil industry development
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) described recent leadership changes as an opportunity to accelerate the development of Iran’s oil and gas sector, emphasizing that this direction will continue.
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NIOC appoints acting head of oil and gas production oversight
SHANA (Tehran) – The National Iranian Oil Company appointed Reza Kheilaei as acting director of its Oil and Gas Production Oversight Department.
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CEO Bovard appoints new executives across key state oil companies
SHANA (Tehran) – Hamid Bovard, managing director of the National Iranian Oil Company, on Sunday appointed Morteza Fouladi as CEO of the National Iranian Drilling Company, replacing Mehran Makvandi.
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Gov't takes unprecedented steps to curb gas flaring:NIOC
SHANA (Tehran) - The head of the National Iranian Oil Company (NIOC) described the 14th administration’s efforts to collect and curb flared gas as “unprecedented,” saying the company is working to accelerate gas recovery and reduce environmental challenges through new contracts and ongoing cooperation with environmental organizations.
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Facilitating oversight needed to ensure stable production: NIOC
SHANA (Tehran) – The head of the National Iranian Oil Company called for a more facilitative approach from oversight bodies, saying it is essential for supporting the industry’s national mission as the country prepares for heightened winter gas demand.
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NIOC board convenes in Asaluyeh as company prepares for steady winter gas supply
SHANA (Tehran) – The National Iranian Oil Company (NIOC) is fully prepared to ensure a stable gas supply during the winter season, the company’s managing director said Sunday.
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$800m allocated to modernize drilling equipment
SHANA (Tehran) – The National Iranian Oil Company (NIOC) has allocated $800 million to overhaul and modernize the drilling rigs and operational equipment of the National Iranian Drilling Company (NIDC), the company’s managing director announced.
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NIOC takes major step to boost oil recovery at Ahvaz field
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized the importance of the Ahvaz oil field as the country’s largest, saying the new project marks a significant move toward increasing the recovery factor and advancing national oil industry policies aimed at implementing enhanced oil recovery (EOR) methods.
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NIOC head highlights offshore oil output in Persian Gulf
SHANA (Tehran) – The managing director of the National Iranian Oil Company said achieving production targets in the Persian Gulf’s offshore fields, despite sanctions and aging equipment, is a significant accomplishment.
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NIOC ready to share risks, support university innovations
SHANA (Tehran) – The CEO of the National Iranian Oil Company said innovative and technological ideas must deliver practical results, adding that the company is prepared to shoulder the operational costs and risks of implementing such projects in the oil industry.
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Iran inks $600m contract to develop Madar gas field
SHANA (Tehran) – Iran’s National Iranian Oil Co. signed a $600-million contract to develop and operate the Madar gas field with Isfahan’s Mobarakeh Steel Co. and the Oil Industries Engineering and Construction Co. (OIEC), the company announced.
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Madar gas field development to begin soon
SHANA (Tehran) – The development of Iran’s Madar gas field will soon enter its execution phase, a project the head of the National Iranian Oil Company (NIOC) stated would help address the country's gas shortfall. Similar contracts are expected to be signed this year.