NISOC
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Oil: A low-risk, high-return sector for investors
SHANA (Tehran) – The CEO of the National Iranian South Oil Company (NISOC) described investment in the oil industry as a prime opportunity for economic stakeholders, saying, "Lower risk and higher returns have made oil sector investments a lucrative prospect."
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NISOC announces
Round-the-clock efforts by oil workers to sustain production, transfer of oil
SHANA (Tehran) – The CEO of the National Iranian South Oil Company (NISOC) stated that the company has taken significant steps in the second half of the Iranian year 1403 (2024-2025) to boost oil production and address energy imbalances, achieving a 7% increase in oil output. He noted that some employees are so focused on production and operational tasks that they are unaware of holidays.
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NISOC announces daily collection of 40 mcf of flare gas at Rag Sefid
SHANA (Tehran) – The CEO of the National Iranian South Oil Company (NISOC) announced the daily collection of 40 million cubic feet (mcf) of flare gas at Rag Sefid and stated that upon the project’s completion, over 120 mcf per day of associated gas will be collected at Rag Sefid.
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NISOC, TCI to cooperate on digital oil industry
SHANA (Tehran) – The National Iranian South Oil Company (NISOC) and Telecommunication Company of Iran (TCI) signed a cooperation agreement to collaborate on achieving a digital oil industry.
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NISOC increases crude oil production
SHANA (Tehran) – The head of the Engineering and Development Department of the National Iranian South Oil Company (NISOC) announced the use of downhole pumps to boost and maintain production from low-pressure wells.
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NISOC:
Crude production of 5 mbd possible
SHANA (Tehran) – The CEO of the National Iranian South Oil Company (NISOC) said achieving a crude production capacity of 5 million barrels per day (mbd) is not out of reach, though it may be delayed due to global shifts away from fossil fuels.
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NISOC Achieves 60 Percent Growth in Oil Production
SHANA (Tehran) - By relying on domestic capabilities, the National Iranian South Oil Company (NISOC) has succeeded in boosting oil production by 60 percent over the last two years.
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NISOC Head Attends Press Conference
SHANA (Tehran) -- Managing Director of National Iranian South Oilfields Company (NISOC) Alireza Daneshi participates in a press conference held here on Saturday 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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Iran’s NISOC says ready to participate in Iraq’s oil projects
SHANA (Ahvaz) – The National Iranian South Oil Company (NISOC) on Monday expressed its readiness to participate in various projects of Iraq.
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NISOC PGC up 250 tb/d
The studies conducted over the past two years at National Iranian South Oil Company (NISOC), new “planned guide capacity” (PGC) has been determined for the six reservoirs of Ahvaz Bangestan, Mansouri Bangestan, Ab Teimour, Golkhari, Balaroud, and Mansourabad Bangestan, promising a total of 250 tb/d. This amount is 7% of NISOC’s current PGC. A 250 tb/d increase in production from NISOC-run fields would bring the company’s potential output from the current 3.4 mb/d to 3.65 mb/d, which is a breakthrough for Iran’s petroleum industry. That would yield an approximate $7 billion in revenue.
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NISOC output up 47% in 2 years
Iran has managed to increase its crude oil and gas condensate exports over the past 20 months by adopting active energy diplomacy despite international sanctions against its petroleum industry. National Iranian South Oil Company (NISOC), the largest oil producer in Iran, has recently brought its output to a record 2.45 mb/d. Gholamreza Nourani, the acting director of production at NISOC, tells “Iran Petroleum” the company increased its oil production by 47% in two years.
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NISOC head: Iran can overcome sanctions by relying on domestic capabilities
SHANA (Tehran) – The 13th administration proved that Iran can defeat sanctions by relying on domestic capabilities, said the National Iranian South Oil Company (NISOC) managing director.
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Gas renaissance after oil reservoirs depletion
By development of Khami reservoir and using associated gas extracted from fields run by National Iranian South Oil Company (NISOC), the company will commence its second step toward development in the oil-rich regions so that by taking this measure we will witness taking primary measures in line with reaching gas renaissance in an area ofover70, 000 square kilometers stretching from Bushehr province to Khuzestan province.
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NISOC eyes output capacity hike
National Iranian South Oil Company (NISOC) is planning to enhance production within the framework of short-term annual plans. Given NISOC’s 80% share in Iran’s oil production, planning by the company’s Technical Directorate is of paramount significance. The following is the text of the interview of Ramin Rowghanian, NISOC’s technical director, with “Iran Petroleum” on oil output hike plans.
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NISOC inks MoU with Basra Oil Company
TEHRAN (Shana) – National Iranian South Oil Company (NISOC) signed a memorandum of cooperation on the sidelines of the 13th Khuzestan Oil Industry Equipment Manufacturing Exhibition with Basra Oil Company (BOC).
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Bandar Imam Petchem Plant Ready to Finance NISOC Projects
TEHRAN (Shana) -- The CEO of Bandar Imam Petrochemical Company announced the company's readiness to invest in the optimization and maintenance projects of liquefied gas facilities of the National Iranian South Oil Company (NISOC).
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Iran adds 10 mcm/d to Gas Output by Plant Overhaul
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) said that by the end of the NGL 1000 overhaul operations, 10 million cubic meters per day of gas was added to the gas production capacity of the country.
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117 mcf APG Collected in Nargsi, Gachsaran Fields
TEHRAN (Shana) – The CEO of the National Iranian South Oil Company (NISOC) said about 329 million cubic feet (mcf) of associated petroleum gas (APG) is being flared in the fields operated by his company, adding the gas collection project of the Nargesi field with a daily capacity of 17 mcf and the Gachsaran 1 and 3 projects with a daily capacity of 100 mcf have come online.
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KBCs to Help Delay Natural Drop in Iran Oil Output
TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) is planning to ramp up its cooperation with domestic knowledge-based firms in order to delay the natural drop in oil output of Iran’s fields.
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NISOC Output to hit 3.28 mbd by 2027
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) said the company is planning to bring its daily production capacity to 3.28 million cubic meters by the next 5 years.
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Development of Sohrab Joint Oilfield to Start Soon
KHUZESTAN (SHANA) – The CEO of the National Iranian Oil Company (NIOC) said important oil projects are underway in Iran including start of the operation of the Sohrab joint field in the near future.
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NISOC Production Capacity to hit Pre-Sanctions Levels: CEO
KHUZESTAN (SHANA)-- The CEO of the National Iranian South Oil Company (NISOC) said that one of the serious plans of the company has been to restore the oil production capacity to the pre-sanctions era, adding: "We are proud to announce that the oil production capacity has returned to the pre-sanctions level."
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Greenhouse Gas Emissions Falling in NISOC-Run Areas
TEHRAN (Shana) -- Oil companies in Iran are required to curb their greenhouse gas emissions. National Iranian South Oil Company (NISOC), which supplies 80% of Iran’s oil, has adopted a series of measures including gas flaring control, energy loss management and processing supervision to cut greenhouse gas emissions by many affiliated production companies. Mohammad Reza Naderi, head of HSE at NISOC, tells “Iran Petroleum” that production of 33 million tonnes of carbon dioxide could be prevented.
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600k Barrels Growth in Output of Southern Fields under Raisi
TEHRAN (Shana) – The CEO of the National Iranian South Oil Company (NISOC) said the fields operated by the company have witnessed a 600,000-barrel/day growth in their output under the Raisi administration.
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Plans under way to collect 10 mcf/d of gas from Haftkol Field
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) said: “10 million cubic feet of associated petroleum gases from the oil facilities of Haftkol field will be collected and injected into the reservoir with the start of the operation of the skid-mounted gas collection station.”
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NISOC Planning to Invest $200m on Renovating Equipment
TEHRAN (Shana) – The CEO of the National Iranian South Oil Company (NISOC) said his company had received approvals to invest $200 million for renovating its equipment and facilities in oil-rich regions.
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NISOC Bracing for 3 mbd Crude Oil Output
TEHRAN (Shana) – The CEO of the National Iranian South Oil Company (NISOC) said his company would be prepared for 3 million barrels per day of crude oil output by the end of the current calendar year, which began on March 21.
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NISOC Unveils Projects to Collect Flare Gas
TEHRAN (Shana) – The National Iranian South Oil Company (NISOC) has unveiled three flare gas collection projects.
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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.