NIOC
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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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Scientific approach key to solving oil industry challenges, official says
SHANA (Tehran) – The production oversight director of the National Iranian Oil Company stressed the need to clearly identify challenges in developing the oil industry, saying that with a scientific approach, those challenges can be recognized and resolved.
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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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NIOC, NDF plan joint model to boost oil, gas output
SHANA (Tehran) – The head of the National Iranian Oil Company announced a new model of cooperation with the National Development Fund, using diverse investment methods to increase oil and gas production.
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HSE remains central to all oil industry operations
SHANA (Tehran) – The CEO of the National Iranian Oil Company marked National Firefighting and Safety Day by highlighting the bravery of the oil industry’s firefighters and emphasizing the importance of health, safety, environment, and employee well-being in all oil sector activities.
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NIOC transfers 130 exploratory wells to operators
SHANA (Tehran) – The National Iranian Oil Company has delivered more than 130 exploratory wells to operating companies, with about 70% of them ready to enter oil and gas production after repair and completion work, a senior official said.
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Mobile desalting unit lifts production limits at Cheshmeh-Khosh field
SHANA (Tehran) — The launch of a mobile desalting unit at the Cheshmeh-Khosh oil field has removed production restrictions and marked a major step in cooperation with the National Iranian Oil Company, according to the head of ZN Vostok.
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NIOC focuses on boosting output, capturing associated gas
SHANA (Tehran) — The National Iranian Oil Company is centering its plans on boosting production and capturing associated gas despite external pressures and sanctions, the company’s chief said Wednesday.
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NIOC says oil sales continue through diverse methods
SHANA (Tehran) – Iran continues to sell and export oil through a range of methods in line with national policies, the managing director of the National Iranian Oil Company said, rejecting speculation about changes in the country’s sales strategy.
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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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NIOC CEO stresses winter gas production plans
SHANA (Tehran) – The CEO of the National Iranian Oil Company emphasized the necessity of revising overhaul plans and focusing on sustainable and maximum gas production for the winter season.
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Iran targets daily gas output of 1.35 bcm
SHANA (Tehran) — The National Iranian Oil Company aims to boost daily gas production to 1.35 billion cubic meters by the end of the country’s Seventh Development Plan (2024-28), the company’s chief said Saturday.
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Iran inks deal to develop Halegan, Shahini gas fields
SHANA (Tehran) — Iran’s National Iranian Oil Company signed a memorandum of understanding Saturday with IMIDRO, steel companies and MAPNA Group to develop the Halegan and Shahini gas fields in southern Fars province.
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Iran sets new record for oil production
SHANA (Tehran) – The CEO of the National Iranian Oil Company announced the country has set a new record for oil production.
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NIOC: Oil industry did not halt amid threats
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) described Operation "True Promise 3" as a symbol of the Islamic Republic of Iran's defensive strength and the nation’s decisive response to enemy aggression.
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NIOC CEO appreciates Persian Gulf operational staff
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) spoke with employees working at operational sites in the Persian Gulf, thanking them for their dedication during critical times for the country while reviewing the latest production updates.
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High-level passive defense committee meetings held in oil industry
SHANA (Tehran) – The High-Level Passive Defense Committee of the National Iranian Oil Company (NIOC) holds regular meetings to assess the latest developments and plan operational measures for future actions.
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NISOC takes major step toward sustainable oil production
SHANA (Tehran) – The CEO of National Iranian South Oil Company (NISOC) announced that the company aims to increase its oil production to more than 2.8 million barrels per day by the end of this year.
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Comprehensive production roadmap drafted at NIOC
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized the continuation of increasing oil production through the end of the year, stating that due to measures taken, subsidiaries have had access to a comprehensive annual production roadmap since the beginning of the year.
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West Karun oil fields eyed for 1 mbd production
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized the need to strengthen the Arvandan Oil and Gas Company to achieve the goal of producing 1 million barrels of oil per day from the West Karun fields.
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Iran sets June 2025 oil prices for global markets
SHANA (Tehran) – The National Iranian Oil Company (NIOC) announced official selling prices for various crude oil grades in June 2025.
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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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NIOC emphasis on accelerating offshore oil projects
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) stressed the need to expedite the implementation of projects by the Iranian Offshore Oil Company (IOOC) in the Persian Gulf.
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Gov’t works to sustain oil exports despite sanctions
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized the strategic importance of Kharg Island and praised the 14th administration’s intensified efforts to maintain exports under sanctions. “Kharg is not just an oil terminal—it symbolizes national synergy in safeguarding the country’s underground wealth,” he said.
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NIOC head stresses collaboration, precision in financial management
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) described financial affairs as one of the most complex yet critical pillars of the company, stating that financial management demands precision, insight, and comprehensive coordination.
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$1b gas field development contract inked
SHANA (Tehran) – A contract to develop the Gouran and Pazan gas fields was signed between the National Iranian Oil Company (NIOC) and three domestic companies on the final day of the 29th Iran International Oil, Gas, Refining, and Petrochemical Exhibition.
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150,000-barrels increase in oil production under 14th administration
SHANA (Tehran) – The head of oil and gas production monitoring at the National Iranian Oil Company announced a 150,000-barrels increase in oil production in 1403 (ended March 20) despite a temporary halt in output from the Abouzar field.
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NIOC Innovative Summit 2025
SHANA (Tehran) -- The photos show the innovation event of the National Iranian Oil Company, called NIOC Innovative Summit 2025, held on Friday, May 9, on the sidelines of the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025. The event is attended by the NIOC’s CEO, Hamid Bovard, and the Deputy Oil Minister for Engineering, Research and Technology, Omid Shakeri.