NIOC
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Armenian Minister Hails Iran’s ‘Astonishing’ Progress in Energy Sector
SHANA (Tehran) – Armenia’s minister of territorial administration and infrastructures visiting Iran Oil Show 2022 here on Sunday described the country’s progress in the energy sector as “astonishing”.
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Oil Production to Increase in Azadegan Field
TEHRAN (Shana) -- The Director of Integrated Planning of the National Iranian Oil Company (NIOC) announced on Saturday that the company has planned to produce 570,000 barrels of oil from Azadegan field per day.
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NIOC Chief: $7.5bn Contract with Iranian Consortium in the Offing
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) here on Saturday announced that a 7.5-billion-dollar contract on the development of joint fields will be soon signed with a domestic consortium.
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Expansion of NIOC-Gazprom Cooperation on Agenda
TEHRAN (Shana) – Managing Director of the National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr put great emphasis on the promotion of cooperation between his country and Russia in the energy sector.
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NIOC CEO Meets with Vice President of Indonesian Parliament
TEHRAN (Shana) -- Mohsen Khojastehmehr, the CEO of the National Iranian Oil Company, met with an Indonesian delegation headed by the Vice Speaker of the House of Representatives of the Republic of Indonesia for Industry and Development.
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Iran Eyes 5.7 mbd Oil Output
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company, emphasizing the importance of repairing and renovating the facilities of oil terminals, announced the prospect of the country's crude oil production capacity to 5.7 million barrels per day within the next eight years.
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Iran Wins Lawsuit against French Firm
TEHRAN (Shana) -- The CEO of Iranian Gas Engineering and Development Company (IGEDC) announced the €39 million ruling of the International Court of Arbitration in favor of Iran, and added that Iran has won a legal lawsuit with the French company Sofregaz.
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NIOC Eyes 4mbd Crude Oil Output in 2022
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) announced the prospect of a daily production capacity of 4 million barrels of crude oil in the calendar year of 1401 which began on March 21.
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NIOC Welcoming Domestic, Foreign Oil Investment: CEO
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said: "If the oil industry and the country's capital market are combined, the jump in investment in the oil industry under the 13th administration will be materialized."
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Russian Firms to Develop Iran Oil, Gas Fields
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) announced the development of Iran's oil and gas fields with the participation of Russian companies.
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Phase 11 Gas Production Next Year
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company said: "Development and completion of phase 11 of South Pars Gas Field is one of the main priorities of the National Iranian Oil Company (NIOC). In the development plan of phase 11, we are now drilling wells and part of gas recovery from the phase will begin next [calendar] year."
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NIOC Calls on Banks, Petchem Holdings to Bankroll Upstream Oil Projects
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) stated that several investment plans have been foreseen for the development of oil projects, and announced negotiations with banks and petrochemical holdings to finance upstream oil projects.
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Development of Azadegan Field Complete by mid-2023
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said that the development of Azadegan field would be complete by mid-2023, adding: “With the completion of the development project of this field, crude oil production will reach 320,000 barrels per day from the field.”
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30% of Iran Oil and Gas Resources Recoverable: NIOC CEO
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company stressed the need to absorb and transfer technology in the company, and said: "Underground capital is not our (Iran’s) competitive advantage. It can be an advantage when we can recover it.”
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$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.
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$4b Needed to Recover 100mcm/d Gas from North Pars
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said with a $4-billion investment in the development of the North Pars field, 100 million cubic meters per day of gas will be produced from the field.
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Oil Well Production Maintenance Plans Ongoing: Official
TEHRAN (Shana) -- The Deputy CEO of the National Iranian Oil Company (NIOC) for Development and Engineering Affairs said: “Implementation of plans to maintain and enhance oil production will continue at a faster pace than before.”
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Investment Structure Necessary in NIOC Subsidiaries: CEO
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company emphasized that the business and investment structure should be established and active in the subsidiaries of the National Iranian Oil Company and the export-oriented approach should be considered in all sectors.
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Head of NIOC Int'l Affairs Appointed
TEHRAN (Shana) -- In a decree, the CEO of the National Iranian Oil Company appointed Mohammad Mohammadi-Pour as the head of international affairs of the company.
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Head of Oil and Gas Production Supervision of NIOC Appointed
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company appointed Hormoz Qalavand as the director of oil and gas production supervision of the company.
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Caretaker of Khazar Oil Company Appointed
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company appointed Morad Kamali as the caretaker of Khazar Oil Company.
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106% Rise in Operating Income of Shiraz Petchem Plant
TEHRAN (Shana) -- Shiraz Petrochemical Company announced that in the first half of the current calendar year, which began on March 21, it had an operating income of 53,000 billion rials, up 106% year-on-year.
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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.
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Compensatory Projects Needed to Ensure Iran Sustainable Gas Supply
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said the country would need to invest $65 to $89 billion to develop its oil and gas fields otherwise it will become a gas importer in the coming years.
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New IOOC CEO Appointed
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) issued a decree to appoint Alireza Mehdizadeh as the CEO of the Iranian Offshore Oil Company (IOOC).
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New AOGC Caretaker Appointed
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) issued a decree to appoint Abdullah Azari as the caretaker of Arvandan Oil and Gas Company (AOGC).
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NIOC CEO Appoints NISOC Caretaker
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) issued a decree appointing Alireza Daneshi as the caretaker of the National Iranian South Oil Company (NISOC).
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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.”
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Owji Appoints NIOC CEO
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji appointed Mohsen Khojasteh Mehr as his deputy and the CEO of the National Iranian Oil Company (NIOC).
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NIOC Launches Monitoring Center
TEHRAN (Shana) -- The monitoring center of the National Iranian Oil Company (NIOC), which was established with the aim of collecting, aggregating and displaying online and continuous data on production, domestic distribution and foreign trade of oil, gas, gas condensate, gaseous liquids and naphtha, has been launched officially.