Iran mulls changes to c share from crude revenues
An Iranian legislative official says the government is mulling to change the formula used to calculate the share of the National Iranian…
Tag Archives: NIOC
Iran ranks top in oil & gas exploration
IRNA – National Iranian Oil Company (NIOC) by exploring 4.9 billion barrels liquid hydrocarbon in 2019, is standing on top of oil…
Iran ranks 1st in world oil and gas discovery in 2019
SHANA — The National Iranian Oil Company (NIOC) ranked first among the world’s largest oil companies in terms of total oil and…
25th Iran Oil Show to be held in October
SHANA — The 25th International Exhibition of Oil, Gas, Refining and Petrochemicals will be held from October 12 to 15. According to…
Iran firms wielding 70% share in oil production enhancement, maintenance projects: CEO
SHANA – The CEO of the National Iranian Oil Company (NIOC) said Iranian firms would enjoy over 70 percent share in oil…
Iran eyes $2b in Yaran oilfield development
SHANA – The CEO of the National Iranian Oil Company (NIOC) said developing Yaran joint oilfield would generate 2 billion dollars in…
NIOC awards joint field development to local firm
SHANA — The National Iranian Oil Company (NIOC) has signed a contract with Persia Oil and Gas Industry Development Company (POGIDC) for…
SP11 development gets under way
SHANA — The load-out of Platform 11B’s jacket in the massive offshore South Pars gas field started on April 30 for final…
Iran gas sector braces for fast development
SHANA — Iran’s gas industry development has over the past six years seen daily growing development with the focus having been on…
Potential for Mansouri & Salman development
SHANA — Iran hopes to bring its oil output to over 5 mb/d under its 20-year vision plan through investing in ageing…
Iran-made Fath 72 drilling rig unveiled
SHANA – Fath 72 Drilling Rig, built by Academic Center for Education, Culture and Research (ACECR), has been unveiled in a ceremony…
Iran starts mass production of drilling bit
SHANA — The Iranian-made toothed drilling bit has entered mass production phase. According to the National Iranian Oil Company (NIOC), a toothed…
Simultaneous loading of South Pars phase 13 platforms
SHANA — The operation of loading two platforms belonging to Phase 13 of the South Pars gas field ended on Monday at…
Number of Iranian oil exploration, production companies rising
IRNA – Managing Director of National Iranian Oil Company (NIOC) said that there are currently 18 exploration and production (E&P) firms in…
Iran may start pumping Caspian oil earlier than planned
Press TV – Iran may approve plans for early production of oil from a major hydrocarbon reserve in the Caspian Sea, a…
Fate of most Iran joint oil, gas fields determined: NIOC
SHANA — National Iranian Oil Company (NIOC) says the development activities of the company in the joint fields of West Karoon and…
Iran eyes enhanced oil recovery in Azadegan joint field
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said plans were under way to enhance oil recovery factor of the Azadegan joint…
Official: Iran to announce discovery of new oil field soon
Press TV – The National Iranian Oil Company (NIOC) expects to announce the discovery of a new oil field in Khuzestan province…
NIOC inks research deal with local universities
SHANA – The National Iranian Oil Company (NIOC) has signed two contracts with Sahand and Tabriz universities of technology on geological studies…
NIOC to offer 6mb of crude oil, gas condensate at IRENEX
SHANA — The National Iranian Oil Company (NIOC) has planned to put for sale 6 million barrels of crude oil and gas…
Iran: An LNG superpower in the making
Press TV – Given Iran’s huge natural gas reserves, its new-found rapprochement with fellow gas supergiant Qatar, and Russia’s strategy to expedite the…
Exploration Atlas of Iran oil, gas fields unveiled
SHANA – The Atlas of Iran’s oil and gas fields which were explored after the 1979 Islamic Revolution was unveiled by the…
Iran firm plans for mass-production of multiphase pumps
SHANA — The CEO of PetroIran Development Company announced its plans for mass-production of multiphase pumps in collaboration with local manufacturers. According…
Iran eyes revenue generation by developing LNG projects
SHANA – Iran is considering liquefied natural gas (LNG) projects in order to generate more revenues from its abundant natural gas reserves.…
Iran self-sufficient in oil exploration: Official
SHANA — The deputy NIOC director of development and engineering affairs said Iran was fully self-sufficient in exploration activities. Addressing a ceremony…
NIOC to continue signing oil contracts with local firms
SHANA — The CEO of the National Iranian Oil Company (NIOC) said the company was to sign 9 contracts with domestic companies…
IRENEX to hold 8th round of heavy crude oil offering
Tehran Times – National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX)…
‘NIOC to award South Pars oil layer to a domestic company under IPC’
Tehran Times – National Iranian Oil Company is going to award the development project of the South Pars oil layer to a…
NIOC to offer heavy crude at IRENEX on Aug. 27
MNA – The National Iranian Oil Company (NIOC) is planning to offer 2 million barrels of heavy crude oil on the international…
IRENEX to hold 13th round of offering light crude oil on Tuesday
Tehran Times – National Iranian Oil Company (NIOC) will offer two million barrels of light crude oil at Iran Energy Exchange (IRENEX)…
Iranian consortium inks MOU with NIOC to develop oilfield
Tehran Times – National Iranian Oil Company (NIOC) has signed a memorandum of understanding with a domestic consortium for developing Band-e-Karkheh oilfield…
NIOC to launch 7th gas condensate offer at IRENEX on Tue.
MNA – The National Iranian Oil Company (NIOC) will offer two million barrels of natural gas condensate at Iran Energy Exchange (IRENEX)…
NIOC to offer 2mn barrels of heavy crude at IRENEX on Tue.
MNA – The National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX)…
NIOC to sell 2 mb of oil at energy exchange on May 28
SHANA – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the Iran…
Iran to offer 13 oil, gas blocks
Financial Tribune – The National Iranian Oil Company is interested in working with local firms willing to take a reasonable amount of…
NIOC to market 2mb of light crude oil at IRENEX on May. 21
SHANA – The National Iranian Oil Company (NIOC) has planned to supply 2 million barrels of light crude oil on the international…
NIOC selling oil at IRENEX while US tightens sanctions
MNA – National Iranian Oil Company sold 70,000 barrels of heavy crude oil at Iran Energy Exchange (IRENEX) for the first time…
Iran’s NIOC to open office in Iraq
IRNA – National Iranian Oil Company (NIOC) will open an office in Iraq with the purpose of easing Iranian manufacturers activities in…
First heavy crude offer at IRENEX set for April 30
MNA – The National Iranian Oil Company (NIOC) announced on Tuesday that the first round of heavy crude oil supply at Iran…
Iran eyes five oil project deals with local firms: report
Reuters – Iran is likely to award up to five oil exploration and production contracts to local firms, with the first deal…