Khojastehmehr

  • UPDATED--NIOC not waiting for Foreigners

    UPDATED--NIOC not waiting for Foreigners

    TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said the company would welcome the arrival of foreign investment, saying: "If for any reason foreign investment is not materialized, different scenarios are on the table and we will not keep waiting for them."

  • NIOC Seeking Win-Win Opportunities in Investment Sector: CEO

    NIOC Seeking Win-Win Opportunities in Investment Sector: CEO

    TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) emphasized the need to facilitate investment in the oil industry, saying: "When we say we should improve contracts and increase bargaining power and attractiveness of projects, it does not necessarily mean changing the nature of past methods, but seeking to improve and create winning opportunities in the investment sector.”

  • $11b Investment Needed in Iran Offshore Gas Fields

    $11b Investment Needed in Iran Offshore Gas Fields

    TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said roughly $11 billion will be invested to bolster gas production from Iran’s offshore fields by 240 million cubic meters. 

  • Iran Gas Output to Reach 940 mcm/d in Winter

    Iran Gas Output to Reach 940 mcm/d in Winter

    TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said the country’s natural gas production would reach 940 million cubic meters per day during winter.

  • Completing West Karun Projects Requires $11b: CEO

    Completing West Karun Projects Requires $11b: CEO

    TEHRAN (Shana) -- The CEO of the National Iranian Oil Company said that $11 billion is needed to complete the West Karun projects.

  • NIOC Bracing for Big Jobs: CEO

    NIOC Bracing for Big Jobs: CEO

    TEHRAN (Shana) – The newly-appointed CEO of the National Iranian Oil Company (NIOC) emphasized the need to adopt macro approaches based on comprehensive views and pay special attention to productivity, efficiency and scientific management, said: “NIOC, taking advantage of these characteristics and creating synergies between forces, will be ready to perform major tasks.”