NIOC
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Ceremony of honoring former NIOC exploration directors
SHANA (Tehran) – The ceremony of honoring the former exploration directors of the National Iranian Oil Company (NIOC) was held in the Tehran on December 9, 2024.
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NIOC Chief Outlines 100-Day in Office Achievements
SHANA (Tehran) - The CEO of the National Iranian Oil Company (NIOC) boasted of the 14th administration's oil industry achievements over the first 100 days in office, especially setting a new record concerning daily natural gas production.
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Oil Production up by 60,000 b/d
SHANA (Tehran)—The CEO of the National Iranian Oil Company (NIOC) says that since the 14th administration took office in August, Iran's daily oil production has increased by 60,000 barrels, predicting that by the end of the Iranian year of 1403 on 20 March 2025, production to reach about 200,000 to 250,000 barrels per day.
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14th Administration Has Raised Gas Production by 30 mcm/d
SHANA (Tehran) - Since taking office in August this year, the 14th administration has been able to increase natural gas production by 30 million cubic meters per day.
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NIOC Head Underlines the Importance of Passive Defense
SHANA (Tehran) -The CEO of the National Iranian Oil Company (NIOC), Hamid Bovard, stated that the oil industry is the driving engine of the country’s economy, underscoring its importance in passive defense.
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NISOC’s CEO Appointed
SHANA (Tehran) - The National Iranian Oil Company’s CEO Hamid Bovard appointed Ibrahim Piramoun as the CEO of the National Iranian South Oil Company (NISOC) and the principal member of its board of directors.
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Khoshrou Appointed as OIPF’s Chairman
SHAHA (Tehran) - Iranian Minister of Petroleum Mohsen Paknejad appointed Saeed Khoshrou as the Oil Industry Pension Fund (OIPF) chairman.
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NIOC’s International Affairs Head Appointed
SHANA (Tehran) - CEO of the National Iranian Oil Company (NIOC) Hamid Bovard has appointed Houtan Salari as the acting manager of the NIOC’s international affairs department.
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NIOC’s CEO and Board of Directors Appointed
SHANA (Tehran) - Iranian minister of petroleum Mohsen Paknejad appointed Hamid Bovard as the managing director of the National Iranian Oil Company (NIOC) for two years.
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Raising Oil Production NIOC’s Top Priority
SHANA (Tehran) - The National Iranian Oil Company’s (NIOC) managing director Mohsen Khojastehmehr says that an increase of 400 thousand barrels of oil production per day is the most important mission the petroleum minister has assigned to the NIOC.
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EC Ratifies NIOC Plan to Boost Oil Production
SHANA (Tehran) - The Economic Council approved a plan proposed by the National Iranian Oil Company (NIOC) to boost oil production in 34 oil fields.
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Oil Revenues Up By 300 Percent, NIOC Chief
SHANA (Tehran) - The managing director of the National Iranian Oil Company (NIOC) has said that Iran’s oil revenues rose by 300 percent during the 13th administration in office since August 2021.
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NIOC Finalizes 2 Oil Processing Services Contracts
SHANA (Tehran) The National Iranian Oil Company (NIOC) has signed 2 separate contracts for the purchase of crude oil processing services which is obtained by using skid mounted systems.
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Bande Karkheh Oil Field Development Contract Concluded
SHANA (Tehran) - NIOC and MAPNA Oil and Gas Development Company have signed a contract for development of Bande Karkheh oil field with in place oil reserves of 980 million barrels.
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Changuleh Oil Field Development Plan Contract Signed
SHANA (Tehran) – Changuleh oil field development contract was signed today between the National Iranian Oil Company (NIOC) and Oil Industry Engineering and Construction Company (OIEC).
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Changoleh Oil Field Development Contract To Be Signed Soon
SHANA (Tehran) - Managing director of the National Iranian Oil Company (NIOC), Mohsen Khojastemehr, has said that the Changuleh oil field development contract will be signed soon.
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Petroleum Ministry at The Top of First-Time Production Activities
SHANA (Tehran) - Iran’s Vice-President for Scientific, Technology and Knowledge-Based Economy, Ruhollah Dehghani Firouzabadi, says that the Petroleum Ministry has won the first rank for the first-time production of strategic goods.
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800 Million Euros Allocated To IOOC’s Installations Renovation, CEO
SHANA (Tehran) - With the assistance of NIOC’s board of directors and allocation of 800 million euros during the past 2.5 years of the 13th administration in office, the Iranian Offshore Oil Company (IOOC) has been able to take appropriate steps to renovate its installations.
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Number of Exploration Drilling Rigs to Increase Fivefold
SHANA (Tehran) - Nine oil and gas fields were discovered in the tenure of the 13th Administration, announced Mehdi Fakour, director of exploration at National Iranian Oil Company (NIOC) on Friday, adding that the number of exploration drilling rigs of his company will increase to 10 from two rigs in August 2021.
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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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Crude Extraction of Iran Up by 70% in 2.5 Years: NIOC
SHANA (Tehran) - Iran’s crude oil production has increased by 70 percent in about 2.5 years in the 13th Administration which took office in August 2021, announced Mohsen Khojastehmehr, the CEO of the National Iranian Oil Company (NIOC) on Thursday.
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Iranian Firms Invited to Cooperate in Oil, Gas Projects of Iraq
SHANA (Tehran) - A specialized meeting of the CEO of the National Iranian Oil Company (NIOC) with a number of senior managers of Iraqi oil companies was held on Thursday in Tehran.
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Gas Production Rising By 127 mcm/d
SHANA (Tehran) - Gas production capacity of the country will rise by 127 million cubic meters per day by implementation of today’s signed memorandums of understanding, the National Iranian Oil Company’s (NIOC) managing director, Mohsen Khojastehmehr said.
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NIOC Improving Fars Province Infrastructures
SHANA (Tehran) – The manager of NIOC’s Directorate Of Supervision On Southern Oil-Rich Regions Construction Projects, Babak Darabi, says as much as 40 thousand billion rials, Iranian currency, have been allocated to implementation of construction projects in Fars province.
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Contract on integrated development of Azadegan joint oil field signed in presence of Iran’s first VP
SHANA (Tehran) – The National Iranian Oil Company and Dasht Azadegan Arvand Oil and Gas Development Company signed a contract on the integrated development of Azadegan joint oil field on Sunday.
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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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Oil minister’s visit to Monitoring Center of NIOC
SHANA (Tehran) – Iran’s Oil Minister Javad Owji pays a visit to the Monitoring Center of the National Iranian Oil Company (NIOC) in Tehran on February 26, 2024 following a surge in the natural gas consumption during the cold spell.
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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.