IRNA - Deputy Minister of Petroleum said that the condition is ready for signing new oil contracts by the end of this Iranian year (March 20, 2018), with South Pars phase 11, oil layer, and Azadegan field development on priority. It is estimated that new oil contracts worth over 15 billion dollars to be signed with international companies by the end ...

IRNA -- Managing director of National Iranian Oil Company (NIOC) said on Saturday that Iran's oil and gas condensates exports hit a record of 3.047 million bpd in February-March, unprecedented since Islamic Revolution. Some part of the export, however, was the gas condensates stored on water, which was sold out, Ali Kardar said on the sidelines of ...

TEHRAN, Aug. 30 (MNA) Deputy-minister of oil has said NIOCs debts have soared to $70bn, amid speculations of oil swap with Iraq. Ali Karder who was speaking in a press conference on Tuesday told reporters that Sixth Development Plan predicted attraction of $134bn to oil industry; this lump sum will be in the form of diverse oil agreements; with ...

TEHRAN, July 18 (Shana) Managing director of National Iranian Oil Company (NIOC) says Iran's oil industry needs an investment of over a hundred billion dollars for development. Speaking at a gathering of the Development and Engineering Department of NIOC with developers of West Karoon, South Pars and Naft Khazar oil and gas fields, Ali Kardor said ...

TEHRAN (FNA)- Managing Director of National Iranian Oil Company Ali Kardor said on Tuesday that transfer of technology is the main principle of Iranian oil industry in following the new oil contract model. Speaking in ceremony, where the NIOC and Russian Zarubej Neft signed a feasibility study deal, Kardor said the principle emphasized in that model ...

TEHRAN (ISNA)- Managing Director of National Iranian Oil Company (NIOC) Ali Kardor said oil fields of the country would be developed with three models of agreement. He said a number of fields of the country are going to be presented in models of byback, EPCF (engineering, supplement, construction and financial supplement) in near future. He said ...

TEHRAN Nov 28 (Shana) --NIOC will facilitate exports and exchange of the electricity which is planned to be generated via gathering and burning associated gases as feedstock, deputy managing director of NIOC Ali Kardar said. Speaking at a gas flare tender meeting Kardar said that for the first time NIOC has decided to hand over investment in associated ...

[caption id="attachment_27590" align="alignright" width="180"] A view of Iran's South Pars Gas and Oil Field[/caption] TEHRAN Mar 10 (Shana): As much as 2 billion dollars of Energy Funds foreign exchange reserves were spent in South Pars gas field over the past two years. Speaking to Shana, NIOCs deputy for investment and financial resources, Ali ...

TEHRAN Jan 08 (Shana) NIOCs subsidiaries transfer to private sector is not yet decided. Head of the office in charge of implementation of Article 44 of the constitution, Ali Kardar, made the above remarks adding Transfer Board has decided to halt handing over NIOCs 12 subsidiaries. He added that Petroleum Ministry and NIOC officials will take a ...