EghtesadOnline: Local oil and gas producers look to acquire the rights to develop two oilfields in the southern Khuzestan Province, despite facing competition from foreign energy rivals.

EghtesadOnline: Qualified domestic companies can play a major role in developing Phase 11 of South Pars Gas Field in the Persian Gulf, which will be developed by France’s Total and its partners, chairman of the board of the Society of Iranian Petroleum Industry Equipment Manufacturers said.

EghtesadOnline: The Oil Ministry has endorsed six domestic companies to develop oil and gas fields, adding them to the list of 11 enterprises already approved to operate in Iran's upstream petroleum sector.

EghtesadOnline: Domestic contractors are poised to sign two agreements, worth $1 billion, with the Oil Ministry to manufacture equipment for the petroleum sector.