Exploration
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Iran’s oil industry must tap reserves to turn potential into power
SHANA (Tehran) – A senior oil expert stated that "power in the oil market originates at the wellhead," emphasizing that vast hydrocarbon reserves hold no operational economic value until they are extracted and utilized.
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Revive exploration council to secure Iran’s oil future, says former NIOC director
SHANA (Tehran) – Saleh Hendi, former exploration director of the National Iranian Oil Company (NIOC), emphasized the strategic role of exploration in the future of the oil industry and called for the revival of the Supreme Exploration Council and greater attention to this sector by senior managers. He stated, "Exploration workers are the unsung pioneers of the oil industry."
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Advancing oil exploration with cutting-edge tech, private sector partnerships
SHANA (Tehran) – The deputy oil minister announced that Iran is ahead of its planned exploration targets, expressing hope that new technologies will help discover additional oil fields—even smaller ones—while facilitating private sector involvement through IPC contracts or other models.
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Specialized workforce strengthening crucial in exploration sector
SHANA (Tehran) – The director of oil and gas production supervision at the National Iranian Oil Company (NIOC) emphasized the importance of maintaining and strengthening a specialized workforce in the exploration sector, describing it as the first link in the oil industry’s value chain.
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Ceremony of honoring former NIOC exploration directors
SHANA (Tehran) – The ceremony of honoring the former exploration directors of the National Iranian Oil Company (NIOC) was held in the Tehran on December 9, 2024.
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NIOC exploration chief:
Iran’s High Exploration Council to be revived soon
SHANA (Tehran) – The director of exploration at the National Iranian Oil Company (NIOC) announced that the High Exploration Council is set to be reestablished in the near future as necessary correspondence with NIOC’s CEO has already been undertaken to facilitate its revival.
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Iran outdoes regional states in oil, gas exploration: NIOC chief
SHANA (Tehran) – Iran has surpassed regional countries in oil and gas exploration since the 13th administration took office two years ago, said the National Iranian Oil Company (NIOC) managing director.
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Owji: Three oil, one gas fields discovered in two years; 2.6b barrels added to Iran’s recoverable reserves
SHANA (Tehran) – Iran’s oil minister said on Wednesday that three oil and one gas fields have been discovered since the 13th administration took office two years ago.
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Turkey economy and energy exploration
Turkey has made major energy finds over recent years thanks to exploration technology. It has discovered huge natural gas and crude oil reserves off the North Sea and the East Mediterranean. That can have a significant impact on the Turkish economy because this country, which has been known as an importer of oil and gas, can now transform its internal and external economy. Of course, in the meantime, Turkey is faced with problems and challenges with regard to extracting and exploiting its energy resources.
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Iran rivals foreigners in exploration
Exploration in Iran’s petroleum industry has advanced to the extent that a large number of countries currently are asking Iran to share its geological experience with them. Mehdi Fakour, director of exploration at National Iranian Oil Company (NIOC), has said Iran has achieved geochemical and geobotanic technology in oil exploration, thereby becoming a rival to foreign companies in exploration technologies. Iran is currently in oil and gas exploration relationship with four neighbors. Talks are also under way for exporting local know-how and equipment to these countries. Fakour said it would create value and income for Iran.
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NIOC CEO unveils 16 new exploration blocks
SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director on Sunday unveiled 16 new exploration blocks.
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Iran’s exploration chief: Seismographic surveys ‘unprecedented’ in 20 years
TEHRAN (Shana) – The exploration director of the National Iranian Oil Company (NIOC) said seismographic operations reached an “unprecedented” level in over a one-year period when compared with those in the past 20 years.
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NIOC official: Iran to stun world with exploration know-how
TEHRAN (Shana) – Iran will soon astonish the world by displaying its exploration expertise, vowed a National Iranian Oil Company (NIOC) official here on Tuesday.
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Exploration Talks with 3 Countries
TEHRAN (Shana) -- The head of exploration at National Iranian Oil Company (NIOC) has said talks have been held with three countries for implementation of oil and gas exploration projects.
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NIOC Exploration Director Appointed
TEHRAN (Shana) -- In a decree, the Deputy Minister of Petroleum appointed Mehdi Fakoor as the Director of Exploration of the National Iranian Oil Company.
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Iran, 1st in World in Oil and Gas Discovery despite Inequalities: Official
TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) was ranked first in the world in completely unequal conditions due to the imposition of severe sanctions, said an NIOC official.
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Iran Ranks 1st in World Oil and Gas Discovery in 2019
TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) ranked first among the world's largest oil companies in terms of total oil and gas discovery in 2019, with the discovery of 4.973 billion barrels of equivalent hydrocarbon reserves.
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All Iran Sedimentary Basins Located, Prioritized by NIOC: Official
TEHRAN (Shana) -- A senior official with the National Iranian Oil Company (NIOC) underlined the importance of studying and modeling sedimentary basins to ensure exploration in the coming years, adding the exploration department of NIOC had already located and prioritized all sedimentary basins in Iran.
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Iran Wealthy in Oil Exploration Capacity
TEHRAN (Shana) -- An Iranian official says that the country is teeming in oil exploration potentialities.
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Iran Self-Sufficient in Oil Exploration: Official
TEHRAN (Shana) -- The deputy NIOC director of development and engineering affairs said Iran was fully self-sufficient in exploration activities.
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New Generation of Exploration Activities to Begin in Northeast Iran: Official
TEHRAN (Shana) -- The Director of Exploration Department of the National Iranian Oil Company (NIOC) announced the start of a new generation of exploration activities in the northeast of the country.
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NIOC Inks Research Deals with Knowledge-based Firms
TEHRAN (Shana) – The Exploration Department of the National Iranian Oil Company (NIOC) has signed 4 research contracts with universities and knowledge-based firms.