Oil industry mobilizes for rapid repairs: NIOC

All available resources deployed to restore damaged oil facilities

SHANA (Tehran) – The head of the National Iranian Oil Company said efforts to rebuild oil industry facilities damaged during the recent conflict are underway at full capacity and progressing as quickly as possible through a phased reconstruction plan.

AI push speeds up Iran’s oil exploration

SHANA (Tehran) – The CEO of National Iranian Oil Company emphasized the need to adopt advanced technologies in exploration operations, saying artificial intelligence can significantly improve the accuracy and speed of seismic data analysis while reducing operational costs.

NIOC calls for overhaul of oil industry public relations structure

SHANA (Tehran) – The head of the National Iranian Oil Company stressed the strategic role of public relations departments in managing the organization’s public image and called for a restructuring of public relations operations across Iran’s oil industry.

NIOC: Oil infrastructure reconstruction underway at full capacity

SHANA (Tehran) - The CEO of the National Iranian Oil Company said the oil industry, which performed successfully under wartime conditions, is now rebuilding damaged facilities using all available resources.

Oil workers’ bravery in Third Imposed War to be recorded in history

SHANA (Tehran) – The CEO of the National Iranian Oil Company praised the performance of oil industry workers in the southern oil-rich regions, describing their actions during the war as honorable and enduring, and said their bravery would be recorded in the nation’s history.

Acceleration of operations at Azadegan Oil Field megaproject

SHANA (Tehran) - The CEO of PEDEC emphasized prioritization in the country’s largest shared oil field and stressed the importance of sustaining and accelerating development activities at the Azadegan field. 

‘Electronic health companion’ web app unveiled

SHANA (Tehran) — The National Iranian Oil Company has launched a new web-based application, “Electronic Health Companion of Oil” (Hamsan system), aimed at streamlining the processing of medical documents and accelerating reimbursement payments for its workforce.

Oil minister appoints new board members at NIOC

SHANA (Tehran) — Oil minister appointed two new members to the board of the National Iranian Oil Company.

Head of int'l affairs appointed at NIOC

SHANA (Tehran) - The CEO of the National Iranian Oil Co. has appointed Mahdi Sharifi as the company’s head of international affairs, according to an official decree.

NIOC appoints international affairs director

SHANA (Tehran) – The National Iranian Oil Company appointed Nima Nazeri as director of international affairs, according to a decree by CEO Hamid Bovard.

NIOC appoints deputy for trade and international affairs

SHANA (Tehran) – The CEO of the National Iranian Oil Company appointed Mohammad-Hassan Mohammadi as deputy for trade and international affairs, aiming to strengthen financial and commercial discipline in the company’s international operations and its subsidiary, NICO.

Following martyrdom of Leader

Oil industry managers issue condolence messages

SHANA (Tehran) — A number of senior managers in Iran’s oil and gas sector issued separate condolence messages following the martyrdom of Supreme Leader, Ayatollah Ali Khamenei.

Oil sector engineers: Architects of development and creators of national wealth

SHANA (Tehran) – Engineer’s Day is an opportunity to honor professionals who turn challenges into opportunities by combining knowledge, experience and creativity. On platforms and in operational areas, engineers make critical decisions and sustain relentless efforts to transform the nation’s oil and gas resources into national wealth, helping shape Iran’s industrial and economic development.

Iran boosts gas output in northeast by 5 mcm per day

SHANA (Tehran) – The head of the National Iranian Oil Company announced the start of gas production from the Tous gas field in northeastern Iran, saying the project will add between 3 million and 5 million cubic meters of gas per day and help stabilize supply and pressure across five northern provinces.

SP gas extraction exceeds mandatory commitment

SHANA (Tehran) – The deputy of operations and support at Pars Oil and Gas Company announced the completion and commissioning of 14 new gas wells in the South Pars field over the past 15 months, emphasizing: "Due to the country's needs, this field is extracting gas beyond its set program."

Daily gas extraction from South Pars reaches 727 mcm

SHANA (Tehran) – The daily gas extraction from the shared South Pars gas field reached a record 727 million cubic meters, the CEO of the National Iranian Oil Company announced Wednesday.

Reducing private-sector investment risk in oil industry

SHANA (Tehran) – The CEO of PetroIran Development Company said the investment volume under a contract to supply four drilling rigs to the National Iranian Oil Company (NIOC) is about $200 million, adding that the public-private partnership (PPP) contract model guarantees the company’s operations for five years, significantly reducing investment risk for the private sector.

Household use claims lion’s share of monthly gas output

SHANA (Tehran) – Natural gas consumption in the household, commercial and small industrial sectors totaled more than 16 billion cubic meters in Azar 1404 (November 22-December 21, 2025), accounting for a significant share of the country’s total gas production. Average daily consumption during the month stood at 545.8 million cubic meters.

Which firms are executing billion-dollar oil contracts?

SHANA (Tehran) – The National Iranian Oil Company (NIOC) has signed about $2.7 billion in contracts with 12 domestic and foreign companies for "guaranteed drilling services" and "crude oil processing services for oil fields" under a public-private partnership model. The agreements, signed on Thursday, January 15, were attended by Masoud Pezeshkian, the president, and Minister of Oil Mohsen Paknejad. But which companies will execute these contracts and play a role in increasing and maintaining Iran's oil production?

Private sector to process 12% of Iran’s crude

SHANA (Tehran) – With the implementation of skid-mounted equipment projects under a public-private partnership model, 12% of oil refining operations within National Iranian Oil Company will be done by the private and non-governmental sectors, said the investment and business development director of the National Iranian Oil Company (NIOC).

Inking contract worth $1b on guaranteed purchase of drilling services

SHANA (Tehran) – Oil minister put the total value of a contract signed by the National Iranian Oil Company on guaranteed purchase of drilling services at about $1 billion, explaining that 20 drilling rigs of 2,000 horse power will be added to Iran’s drilling fleet in five years.

Appointment of acting public relations chief at NIOC

SHANA (Tehran) – The National Iranian Oil Company appointed Masoud Keshavarz as acting head of public relations.

Gov’t ready to eliminate barriers to investors

SHANA (Tehran) – President Masoud Pezeshkian expressed his thanks to Oil Ministry staffs for their efforts in progressing the develop-based goals of the 14th administration in the oil and energy, especially on cooperation and attraction of private sector collaboration.

In a ceremony attended by President Pezeshkian

NIOC signs $2.7b-worth investment contracts

SHANA (Tehran) – The National Iranian Oil Company (NIOC) signed contracts on guaranteed purchase of drilling services and processing crude in oilfields with a total value of $2.7 billion in on Thursday.

Ascending trend for flare gas collection during last year

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) said his company inaugurated major projects during last Iranian year (ended March 20, 2025), adding that flare gas collection witnessed a rising trend compared to previous periods.

No stalled receivables from oil exports

SHANA (Tehran) – The financial director of the National Iranian Oil Company denied reports that $8 billion in revenue from crude oil and gas condensate exports has not been collected, saying there are currently no stalled receivables.

NIOC sees faster payment collection amid oil price decline

SHANA (Tehran) – Behzad Shamsi, chief financial officer of the National Iranian Oil Company (NIOC), said global oil prices have dropped about 21% in recent months compared with previous periods—a significant decline. However, the oil ministry has partly offset the drop by boosting export volumes and reducing discounts.

Localization of technology key to boosting oil, gas output

SHANA (Tehran) – The technical adviser to the CEO of the National Iranian Oil Company (NIOC) emphasized the need to upgrade hydraulic fracturing know-how, saying higher oil and gas production cannot be achieved solely by expanding drilling fleets. Localizing key technologies, he said, is the fastest and most cost-effective path to boosting national output.

New processing unit speeds oil treatment at South Azadegan Field

SHANA (Tehran) – The head of the National Iranian Oil Company said the start-up of a new processing train at the shared South Azadegan oil field will strengthen infrastructure, speed crude oil processing and support balanced development of shared fields.

Digital transformation at core of NIOC research contracts

SHANA (Tehran) – The head of research and technology at the National Iranian Oil Company said the company has signed new research and technology contracts centered on the use of artificial intelligence and digital transformation in exploration, drilling and production to boost efficiency and cut time and costs.