NIOC
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NISOC to Collect Flare Gas Burners in 3 Years: CEO
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) said his company had planned and was required by National Iranian Oil Company (NIOC) to gather all the flare stacks in southern oilfields of Iran.
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5% Recovery Rate at Iran's Largest Joint Oilfield
TEHRAN (Shana) -- The Director of Consolidated Planning at the National Iranian Oil Company (NIOC) said according to the MDPs provided to the NIOC for developing South and North Azadegan oilfields, the initial recovery rate in the Sarvak layer of South Azadegan is 5.1% and 4.5% in North Azadegan which is while the layer accounts for nearly 90% of the field’s in-place oil reserves.
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Iran NOCs Entrust Comprehensive Studies of Oil Reservoirs to Local Firms
TEHRAN (Shana) -- This May, during the International Tehran Oil Show, the National Iranian South Oil Company (NISOC), among other Iranian oil companies, signed a contract for comprehensive studies on six oil fields.
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NIOC to Offer 2 mb of Gas Condensate at IRENEX
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to sell 2 million barrels of gas condensate on the Iran Energy Exchange (IRENEX) on June 3.
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NIOC to Sell 2 mb of Oil at Energy Exchange on May 28
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the Iran Energy Exchange (IRENEX) on May 28.
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NIOC to Market 2mb of Light Crude Oil at IRENEX on May. 21
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to supply 2 million barrels of light crude oil on the international floor of Iran Energy Exchange (IRENEX) on May. 21.
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9 Deals Struck with Iranian Contractors
Iran Oil Fields to Raise Output
TEHRAN (Shana) -- Two subsidiaries of National Iranian Oil Company (NIOC) have signed nine agreements with seven Iranian contractors for the preservation and enhancement of recovery from Iranian oil fields.
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NIOC to Set Up Representative Office in Iraq
TEHRAN (Shana) -- National Iranian Oil Company (NIOC) will set up a representative office in Iraq to facilitate activities by Iranian producers and constructors in the neighboring state.
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NIOC Awarding 8 Field Development Projects
TEHRAN (Shana) -- A deputy CEO of National Iranian Oil Company (NIOC) has said that the development of eight fields was to be awarded to mainly Iranian companies.
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NIOC Eyes Enhanced Trade Ties with China
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said he was optimistic about the future of trade ties between Iran and China.
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NIOC to Issue Fixed-Rate Bonds on March 13
TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) will start offering Rls. 20,000 billion worth of fixed rate bonds (Manfa’at Bonds) on Wednesday, March 13, 2019, in order to provide financing for projects aimed at production enhancement and maintenance of oil fields.
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New Petropars CEO Appointed
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) appointed Hamid Reza Masoudi as the new head of Petropars Ltd. (PPL).