TEHRAN Nov. 30 (Shana) The representative of Kvaerner ASA, Norwegian engineering and construction services company, said the wide welcome of the Tehran IPC Conference heralds a bright future for Iran's petroleum industry. Speaking with Shana on the sidelines of the two-day conference which was mounted by Iranian Ministry of Petroleum to introduce ...

TEHRAN Nov. 29 (Shana) National Iranian Oil Company (NIOC) will not interfere in choosing Iranian partners by foreign firms interested in operating in Iran under the new oil contract model, a senior Iranian oil official said. Seyed Mehdi Hosseini, the chairman of Irans Oil Contracts Restructuring Committee at the Ministry of Petroleum, said on ...

TEHRAN Nov. 29 (Shana) Iran has offered 52 oil and gas development projects in addition to 18 exploration blocks at the Tehran IPC Conference. The projects include 29 new and currently producing oilfields and 23 gas developments. Onshore fields make up 34 of the projects. The projects are estimated to be worth more than 30 billion dollars. IPC ...

TEHRAN, Nov. 28 (Shana) - Russias second major oil and gas company Lukoil said it is going to take the opportunity of taking part in the Iran Petroleum Contracts (IPC) Conference in which new oil and gas contract models are unveiled. The event has been useful in introducing the new contacts, Dmitry Timoshenko, the companys vice-president of development ...