Khojastehmehr
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Iran Invests $6.5b in Oil Industry Upstream Sector
SHANA (Tehran) -- Some 6.5 billion dollars were invested in oil industry’s upstream sector on average per year under the incumbent administration, managing Director of National Iranian Oil Company (NIOC) said here on Friday.
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NIOC CEO Participates in Press Conference
SHANA (Tehran) -- The CEO of National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr attends a press conference here on Thursday on the sidelines of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024.
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NIOC chief says West Karoun holds 86% of Iran’s joint oil reserves
SHANA (Ahvaz) – The National Iranian Oil Company (NIOC) managing director said on Friday West Karoun is home to 86 percent of the country’s shared oil reserves.
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Sepehr, Jofeir oil fields in SW Iran to become officially operational soon: NIOC head
SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director said on Thursday Sepehr and Jofeir fields will become officially operational soon.
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Red tape causes long delay in signing contracts: NIOC chief
SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director said too much bureaucracy causes a long delay in signing contracts.
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NIOC chief: $14b contracts, SP pressure-boosting project due by end of winter
SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director announced $14 billion contracts for developing oil and gas fields will be signed and a project for boosting pressure in the South Pars (SP) gas field will start by the end of this winter.
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NIOC chief: Seven oil, gas projects’ operation to create $6b wealth
SHANA (Ahvaz) – The National Iranian Oil Company (NIOC) managing director said on Tuesday the operation of seven new oil and gas projects will bring in some $6 billion.
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NIOC chief says oil, gas production in Iran will continue for next 100 years
SHANA (Tehran) – Oil and gas production in Iran, thanks to its current reserves, will continue for the next 90-100 years, said the National Iranian Oil Company (NIOC) managing director on Tuesday.
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Opening ceremony of 14th Khuzestan Specialized Exhibition of Petroleum Industry Equipment Manufacturing
SHANA (Ahvaz) – The opening ceremony of the 14th Khuzestan Specialized Exhibition of Petroleum Industry Equipment Manufacturing is held in the presence of National Iranian Oil Company (NIOC) Managing Director Mohsen Khojastehmehr in Ahvaz, the capital city of southwestern province of Khuzestan, on January 14, 2024.
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APG collection achieves 70% progress; all to be gathered by end of winter 2026: NIOC chief
SHANA (Ahvaz) – The National Iranian Oil Company (NIOC) managing director on Sunday said projects for collecting associated petroleum gas (APG) have attained 70 percent physical progress.
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Iran’s oil output up 60% under 13th administration: NIOC chief
SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director said the country’s oil production has jumped 60 percent since the 13th administration took office in August 2021.
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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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Iran regains pre-sanctions OPEC rank with over 1m bpd output hike: NIOC chief
SHANA (Tehran) – Iran has regained its pre-sanctions position in the OPEC crude oil production table with an increase of more than 1 million barrels per day (bpd) achieved under the 13th administration, said the National Iranian Oil Company (NIOC) managing director on Wednesday.
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NIOC head: South Pars Phase 11 gas production starts
SHANA (Tehran) – The National Iranian Oil Company (NIOC) on Tuesday said gas production at Phase 11 of the South Pars (SP) field has started.
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NIOC CEO meeting with media persons
SHANA (Tehran) – Mohsen Khojastehmehr, the National Iranian Oil Company (NIOC) managing director, meets the country’s media persons at the National Iranian Oil Company's Kushk Hall Center in Tehran to mark the National Reporter’s Day on August 9, 2023.
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NIOC chief: Iran oil output to rise to 3.5m bpd by summer end
SHANA (Tehran) – The National Iranian Oil Company managing director on Wednesday said the country’s crude production will hit 3.5 million barrels per day (bpd) by September 22, 2023.
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NIOC chief says Iran will definitely produce oil, gas for next 100 years
SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director on Friday said the country, thanks to its present-day reserves, can produce oil and gas for the next 100 years.
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NIOC chief: NGL 3200 plant launch a big step toward collecting associated gases
SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director said on Saturday the first phase of the NGL 3200 project will become operational soon, describing it as a major stride toward collecting associated gases.
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NIOC head: SP Phase 11 gas production due this year
SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director here on Wednesday said gas production in South Pars (SP) Phase 11 will begin this year.
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NIOC head: $160bn investment needed to raise Iran oil, gas production by 50%
SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director here on Sunday said a 160-billion-dollar investment is required to increase the country’s oil and production capacities by 50 percent.
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Development of Oil, Gas Fields in Central Regions Accelerating: CEO
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) emphasized the need to accelerate the maintenance of the production capacity of the fields operated by the Iranian Central Oil Fields Company (ICOF), and said: “The vision outlined for this company is to increase gas production to 142 million cubic meters per day.”
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Iran Eyes 0.5 bcm Gas Output Growth by 2029
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) announced the company's plan to increase the country’s gas production capacity by 500 million cubic meters per day (mcm/d) by 2029.
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Dasht Azadegan Arvand Company to Start Developing Azadegan Field Soon
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) announced the start of operations of Dasht Azadegan Arvand Company for the integrated development of Azadegan Field within the next two weeks.
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South Pars Phase 11 Project Online Soon
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said the gas from South Pars Phase 11 Project would come online in February.
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South Pars Phase 11 Online Soon
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said phase 11 of the massive South Pars gas field would start production in the near future.
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South Pars Phase 11 Gas Available by Winter
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) announced the ongoing negotiations for the development of the Iranian oil market, and said: "Oil exports have improved in recent months, but we are negotiating with new and old customers to develop the market."
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Russia Studies of Iran Oil, Gas Fields in Final Stages
TEHRAN (Shana) -- The CEO of National Iranian Oil Company (NIOC) the study of Iran’s oil and gas fields by Russian companies is nearing its end and the Memoranda of understanding (MoUs) for these studies will soon turn into contracts.
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Iran Builders Break Monopoly of Strategic Oil Equipment
TEHRAN (Shana) – Iranian manufacturers have acquired the savvy to construct items in oil industry whose supply was monopolized by certain few in the past, said the CEO of the National Iranian Oil Company (NIOC).
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Iran Earmarks $5.5b to Develop Khami Group Fields
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said the development of the fields of Khami Group were to be developed with an investment of 5.5 billion dollars for the first time.
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Iran Eyes 4mbd Crude Oil Production Capacity by Early 2023
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) voiced Iran’s readiness for maximum gas condensate swap, adding the country is preparing to bring its crude oil production capacity to over 4 million barrels per day by the end of the current calendar year, which began on March 21.